Question: Assume a bond with a $ 1 , 0 0 0 par value asn an 1 1 % coupon rate, two years remaining to maturity,

Assume a bond with a $1,000 par value asn an 11% coupon rate, two years remaining to maturity, and a 10% yield to maturity. The daration of this bond is
a.1.90 years
Assume a bond with a $ 1 , 0 0 0 par value asn an

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