Question:
A bond is priced at 885 and has a YTM of 0.055 when interest
Last updated: 7/12/2022
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A bond is priced at 885 and has a YTM of 0.055 when interest rates suddenly change by -20 basis points. The bond's price changes to 946 Calculate the duration for this bond. 36.3588 38.0131 32.5411 40.1037 34.4136