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Consider a bond with annual coupon payments of $100, a principal payment of $1,000 in 5 years, and a price of $1,000. What is the duration of the bond now? What is the duration of the bond in 3 years?

Duration must be find outd for both now and in 3 years.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M950191

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