Justin2398 Justin2398

23-05-2023
Business

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Q5 Compute the duration of a par value bond with a coupon rate of 8% and a remaining time to maturity of 3 years. Assume coupon interest is paid annually and the bond has a face value $100.
Select one:
a.1.569 years.
b.2.203 years.
c.2.783 years.
d.2.910 years.
e.3 years

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