Mathematics, 01.02.2022 03:20 ShadowPlayer3325
.The Arnold National Bank has a bond portfolio that consists of bonds with 5 years to maturity and a 9 percent coupon rate having a face value of $1,000. These bonds are selling in the market for $1,126. Coupon payments are made annually on this bond. What is duration of these bonds?
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.The Arnold National Bank has a bond portfolio that consists of bonds with 5 years to maturity and a...
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