Which has a longer macaulayrsquos duration a zero coupon, Financial Management

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Which has a longer macaulayrsquos duration a zero coupon

Bank Managmnet(8th edition) Ch. 8 Q. 2. Which has a longer Macaulay’s duration: a zero coupon bond with a two year maturity, or a two year maturity coupon bond that pays 6 percent coupon interest if they both carry a 6 percent market yield? Explain your reasoning.

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Financial Management: Which has a longer macaulayrsquos duration a zero coupon

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Financial Management: Which has a longer macaulayrsquos duration a zero coupon

Reference No:- TGS01702948

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