A bond currently has a price of $1,050. The yield on the bond is 6%. If the

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A bond currently has a price of $1,050. The yield on the bond is 6%. If the yield increases 28 basis points, the price of the bond will go down to $1,033. The duration of this bond is ____ years

Posted Date: May 19, 2024 05:09 PM

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A bond currently has a price of $1,050. The yield on the bond is 6%. If the

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