Question: Question 24 Consider a three-year bond that has a face vlace of S1000 and pays an annual coupon of 7 percent. If the current yield

 Question 24 Consider a three-year bond that has a face vlace

Question 24 Consider a three-year bond that has a face vlace of S1000 and pays an annual coupon of 7 percent. If the current yield to maturity on this book in 7 percen, what is its duration

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