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Sheldon Science Corp, has three-year 9.0% coupon bonds outstanding, making semiannually coupon payments. What is...

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Accounting

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Sheldon Science Corp, has three-year 9.0% coupon bonds outstanding, making semiannually coupon payments. What is the duration of Sheldon Science's bonds if the yield to maturity is 11.4%? Note: The face value of the bond is $1,000 (Do not round intermediate calculations. Round your answers to 4 decimal places.) 11.4% YTM Years

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