What is the duration of a bond with 4 years to maturity and a coupon of 9

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What is the duration of a bond with 4 years to maturity and a coupon of 9 per cent paid annually if the bond sells at par?

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Corporate Finance

ISBN: 9780077173630

3rd Edition

Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe

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Question Posted: Feb 22, 2024 03:02 AM

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What is the duration of a bond with 4 years to maturity and a coupon of 9

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SOLUTION Okay lets solve this stepbystep The bond has 4 years until maturity It pays a 9 coup...View the full answer

Corporate Finance

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