A bond has 3 years to maturity 8 coupon 7 yield and pays
A bond has 3 years to maturity, 8% coupon, 7% yield and pays annually. Suppose yield decreases by 15 basis points, calculate the duration of your bond.
2.69 years
2.79 years
5.38 years
5.58 years
None of the above
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a bond has 3 years to maturity 8 coupon 7 yield and pays annually suppose yield decreases by 15 basis points calculate
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