A bond with a face value of $1000 has a coupon rate of 7%, annual coupon payments,

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A bond with a face value of $1000 has a coupon rate of 7%, annual coupon payments, yield to maturity of 10%, and 20 years to maturity. calculate this bond duration.

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Fundamentals Of Corporate Finance

ISBN: 9780072553079

6th Edition

Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan

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Posted Date: Mar 15, 2024 10:14 AM

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A bond with a face value of $1000 has a coupon rate of 7%, annual coupon payments,

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Fundamentals Of Corporate Finance

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