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Business, 30.11.2021 21:00 mdndndndj2981
A callable bond has a first call price of 102.5 and an MD of 7.38. It trades at 101.37 to yield 7.8%. Using MD to estimate the price changes, what is the bond's effective duration
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A callable bond has a first call price of 102.5 and an MD of 7.38. It trades at 101.37 to yield 7.8%...
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