Assume a bond with a 1000 par value and an 11 percent
Assume a bond with a $1,000 par value and an 11 percent coupon rate, two years remaining to maturity, and a 10 percent yield to maturity. The duration of this bond is ____ years
a. 1.92 b. 1.50 c. 1.90 d. none of the above
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assume a bond with a 1000 par value and an 11 percent coupon rate two years remaining to maturity and a 10 percent
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