What is the duration of a bond with two years to maturity if the bond has a

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What is the duration of a bond with two years to maturity if the bond has a coupon rate of 4.8 percent paid semiannually and the market interest rate is 4.3 percent?

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Corporate Finance

ISBN: 9781260772388

13th Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

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