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Business, 15.08.2020 17:01 samueltaye

A bond pays annual interest. Its coupon rate is 8.5%. Its value at maturity is $1,000. It matures in 4 years. Its yield to maturity is currently 5.5%. The duration of this bond is years. Multiple Choice 4.00 3.39 3.58 3.17

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A bond pays annual interest. Its coupon rate is 8.5%. Its value at maturity is $1,000. It matures in...
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