Q10. Consider a discount bond with a principal payment of $1,000, a price of $900,...
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Q10. Consider a discount bond with a principal payment of $1,000, a price of $900, and a YTM of 5.4093%. Assume annual compounding, what's the duration of the bond? D. 4 years E. 5 years B. 2 years C. 3 years A. 1 year
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