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  3. a bond is priced at 885 and has a ytm of 0.055 whe

A bond is priced at 885 and has a YTM of 0.055 when interest rates...

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Basic Math

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A bond is priced at 885 and has a YTM of 0.055 when interest rates suddenly change by -20 basispoints. The bond's price changes to 946Calculate the duration for this bond.36.358838.013132.541140.103734.4136

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