Nairobi Commercial Bank Ltd holds a two year treasury bonds whose face value is shs 1,000,000 The annual coupon rate is 8 and the coupon interest is paid semiannually If the annual yield to maturity is 12 , calculate the duration of the treasury bonds (9 marks) Nairobi Commercial Bank Ltd holds a ...

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Nairobi Commercial Bank Ltd holds a two-year treasury bonds whose face value is shs 1,000,000. The...

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Advanced Accounting

ISBN: 978-0538480284

11th edition

Authors: Paul M. Fischer, William J. Tayler, Rita H. Cheng

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Posted Date: Mar 14, 2023 06:05 AM

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Nairobi Commercial Bank Ltd holds a two-year treasury bonds whose face value is shs 1,000,000. The...

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