Nizwa industries issued bonds in the Muscat stock exchange with 5 0 0 0 OMR face value
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Question:
Nizwa industries issued bonds in the Muscat stock exchange with OMR face value and a percent annual coupon rate. The maturity yield in the Muscat stock market on these bonds is percent, and the maturity date is years. Calculate the Macaulay Duration and Modified Duration.
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
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