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Duration of the Bond Assignment | Homework For You

Author:
May 28th, 2020

Consider the following bond: Annual coupon rate of 11.00%, par value of $1000, with a 4-year maturity, and a current yield-to-maturity of 11.00%. The duration of this bond is——years.Homework For You

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A. 3.44

B. 4.48

C. 4.00

D. 3.55. Get Finance homework help today

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