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Find the duration of a 7.0% coupon bond making semiannually coupon payments if it has three...

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Finance

Find the duration of a 7.0% coupon bond makingsemiannually coupon payments if it has three years untilmaturity and has a yield to maturity of 6.0%. What is the durationif the yield to maturity is 8.4%? Note: The face value of the bondis $100

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1 when YTM6TimeCashflowPVF3Present Value CashflowPVFWeight based on present    See Answer
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Transcribed Image Text

Find the duration of a 7.0% coupon bond makingsemiannually coupon payments if it has three years untilmaturity and has a yield to maturity of 6.0%. What is the durationif the yield to maturity is 8.4%? Note: The face value of the bondis $100

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