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Calculate the bonds duration what does this number

A bond with $1,200 maturity value has a coupon rate of 8 percent and a required return of 7 percent. The bond is to mature in 7 years.

Calculate the price of the bond.

Calculate the bond's duration. What does this number symbolize?

Calculate its volatility. What does this number means?

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Cost Accounting: Calculate the bonds duration what does this number

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Cost Accounting: Calculate the bonds duration what does this number

Reference No:- TGS02525063

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