Question: please answer when you are 100% sure about the solution Find the duration of a 3% coupon bond making annual coupon payments if it has
please answer when you are 100% sure about the solution
Find the duration of a 3% coupon bond making annual coupon payments if it has three years until maturity and a yield to maturity of 6.8%. What is the duration if the yield to maturity is 10.8%? (Do not round intermediate calculations. Round your answers to 4 decimal places.)
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