A bond has a par value of 1000 and a coupon rate of 8 which, Ask an Expert

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A bond has a par value of $1000 and a coupon rate of 8%, which is paid annually. The maturity of the bond is four years and the coupon payments are reinvested at the current rates listed below. The required rate of return is 6 percent. What is the bonds duration?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91581972

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