We have the hargrove par bond paying a coupon rate of 8 and
We have the Hargrove par bond paying a coupon rate of 8% and having a maturity of 20 years. If the coupon rate were to alter to 4%, what would the new duration be? Under what circumstances would duration equal maturity?
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we have the hargrove par bond paying a coupon rate of 8 and having a maturity of 20 years if the coupon rate were to
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