Business
Business, 09.12.2021 14:30, MeIsBella

bond currently sells for $1,050, which gives it a yield to maturity of 6%. Suppose that if the yield increases by 25 basis points, the price of the bond falls to $1,025. What is the modified duration of this bond?

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bond currently sells for $1,050, which gives it a yield to maturity of 6%. Suppose that if the yield...

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