A bond pays annual interest. its coupon rate is 8.5%. its value at maturity is $1,000. it
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A bond pays annual interest. its coupon rate is 8.5%. its value at maturity is $1,000. it matures in 5 years. its yield to maturity is currently 6.5%. the duration of this bond is _ years
Related Book For
Canadian Income Taxation planning and decision making
ISBN: 9781259094330
17th edition 2014-2015 version
Authors: Joan Kitunen, William Buckwold
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