Glazer bought a 10-year bond, with a 6% coupon paid semi-annually. He paid $1,078 for...
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Glazer bought a 10-year bond, with a 6% coupon paid semi-annually. He paid $1,078 for the bond. What is the effective duration assuming a 50-basis point change in interest rates? a. 8.2154 b. 8.1669 C. 7.5755 d. 7.3427
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