Consider a 1000 face value 6 coupon bond with 3 years left, Ask an Expert

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Consider a $1,000 face value 6% coupon bond with 3 years left to maturity that pays semi-annual interest. If the YTM or the market rate is 7%, find the following:

1. Macaulay Duration

2. Modified Duration

3. Approximate Modified/Effective Duration

4. Approximate Convexity

please show calculate process, not excel

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92331366

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