What is the contribution to this bonds duration in years of
Consider a bond that matures in 8 years with a yield-to-maturity of 5.0% and a face value of $10,000. It pays an annual coupon of 3.5% and sells for $9,030.
What is the contribution to this bond’s duration, in years, of the 5th coupon payment?
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balance sheet of xy bankassets 03122009 of assetscash 10000 4securities 580 00 20loans 180000 64other assets 35000
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