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Business, 22.06.2021 03:30 sofiav44

A bond currently has a price of $1,050. The yield on the bond is 6%. If the yield increases 25 basis points, the price of the bond will go down to $1,030. The duration of this bond is years. A. 7.46.
B. 8.08.
C. 9.02.
D. 10.11.

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A bond currently has a price of $1,050. The yield on the bond is 6%. If the yield increases 25 basis...

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