Question: A graph, plotting a the relationship between a bonds modified duration and its tenor for a (10) zero, (10) discount bond, (10) premium bond and
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A graph, plotting a the relationship between a bonds modified duration and its tenor for a (10) zero, (10) discount bond, (10) premium bond and (10) perpetuity
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In (10 per) writing, and by (5 per) showing numerical analysis, explain what drives the shape of the four curves you plotted in part 1
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