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Calculate the requested measures for bond X, which pays interest semiannually: Bond X Coupon 6% Yield...

  1. Calculate the requested measures for bond X, which pays interest semiannually:

Bond X

Coupon

6%

Yield to maturity

7%

Maturity (years)

   4

Par

100.00

Price

96.563
  1. What is the price value of a basis point?
  2. Compute the Macaulay duration.
  3. Compute the modified duration.

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Expert Solution

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jeff jeffy answered 2 years ago
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