What is the duration of this bond assume annual
You have discovered that when the required rate of return on a bond you own fell by 0.5 percent from 9.9 percent to 9.4 percent, the fair present value rose from $955 to $980. What is the duration of this bond? Assume annual payments.
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you have discovered that when the required rate of return on a bond you own fell by 05 percent from 99 percent to 94
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