Question: Example : Computing duration Suppose there is a 15- year , option - free noncallable bond with an annual coupon of 7%/0 trading at par

Example : Computing duration Suppose there is a 15- year ,

Example : Computing duration Suppose there is a 15- year , option - free noncallable bond with an annual coupon of 7%/0 trading at par . Compute and interpret the band's duration for a 50 basis point increase and decrease in yield

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