The yield-to-maturity of a 10-year bond selling is 6%, while the coupon is 8% annually. The current

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The yield-to-maturity of a 10-year bond selling is 6%, while the coupon is 8% annually. The current price is $1,148. What is the approximate duration of this bond?

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Essentials of Investments

ISBN: 978-0077835422

10th edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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Posted Date: Mar 01, 2024 10:48 PM

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The yield-to-maturity of a 10-year bond selling is 6%, while the coupon is 8% annually. The current

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calculate the approximate duration of the bond 1 Define variables Face va... View the full answer

Essentials of Investments

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