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Business, 07.07.2021 03:10 maskythegamer

The current price of an annual coupon bond is 100. The derivative of the price of the bond with respect to the yield to maturity is -700.The yield to maturity is an annual effective rate of 8%. Calculate the duration of the bond.

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The current price of an annual coupon bond is 100. The derivative of the price of the bond with resp...

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