diamondscott7576 diamondscott7576

24-05-2023
Business

contestada

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Find the duration of a bond with a settlement date of May 27,
2023, and maturity date November 15, 2034. The coupon rate of the
bond is 5.5%, and the bond pays coupons semiannually. The bond is
selling at a bond-equivalent yield to maturity of 9.0%.

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