Find the duration of a 94 coupon bond making annual coupon, Ask an Expert

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Find the duration of a 9.4% coupon bond making annual coupon payments if it has 3 years until maturity and has a yield to maturity of 9.4%. What is the duration if the yield to maturity is 12%.. Note: The face value of the bond is $1,000 (Do not round intermediate calculations. Round your answers to 3 decimal places.

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Financial Management, Finance

Category:- Financial Management
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