Question: wrong Answer down'vote you Sarah owns a bond that has a maturity of 3 years. The face value of this bond is 400, yield to

wrong Answer down'vote you
Sarah owns a bond that has a maturity of 3 years. The face value of this bond is 400, yield to maturity of 1% and a 40% coupon rate paid semi-annually What is the duration of this bondStep by Step Solution
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