Calculate the duration of a 1000 6 percent coupon bond

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Calculate the duration of a $1,000, 6% coupon bond with three years to maturity. Assume that all market interest rates are 7%

Reference no: EM131127204

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Calculate the duration of a 1000 6 percent coupon bond : Calculate the duration of a $1,000, 6% coupon bond with three years to maturity. Assume that all market interest rates are 7%
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