Eurobonds pay interest annually suppose the annual coupon
Eurobonds pay interest annually. Suppose the annual coupon is 8 percent, the par value is $1,000, it matures in 6 years, and the current yield to maturity is also 8 percent. Calculate the duration of the bond. What is its modified duration?
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eurobonds pay interest annually suppose the annual coupon is 8 percent the par value is 1000 it matures in 6 years and
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