use Excel and calculate the duration of a $1,000 bond in the following problem: Settlement: 1/1/2018 Maturity:
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Question:
use Excel and calculate the duration of a $1,000 bond in the following problem:
Settlement: 1/1/2018
Maturity: 12/31/2020
Coupon: 8.00%
Yield: 7.00%
Frequency: 2
Basis: 1
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