Compute the duration on a 7-year, 5% annual bond that currently sells for $1,060.02. You should use
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Compute the duration on a 7-year, 5% annual bond that currently sells for $1,060.02. You should use a spreadsheet for this calculation. Show your equations in the spreadsheet for full points.
Related Book For
Accounting What the Numbers Mean
ISBN: 978-0078025297
10th edition
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele
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