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There is a bond for 3 years that has a 14 percent semi-annual coupon payments and...

There is a bond for 3 years that has a 14 percent semi-annual coupon payments and current price to yield 12% p.a.

  1. What is bond duration
  2. Calculate percentage of price change when interest rate increases to 12.15% p.a.?

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jeff jeffy answered 1 year ago
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