What is the duration of a 3-year zero coupon
1. What is the duration of a 3-year zero coupon bond?
2. A bond pays annual interest. Its coupon rate is 4%. Its value at maturity is $1,000. It matures in two years. Its yield to maturity is presently 5%. What is the duration of this bond?
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1 what is the duration of a 3-year zero coupon bond2 a bond pays annual interest its coupon rate is 4 its value at
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