a) Find the duration of a 6% coupon bond making annual coupon payments if it has three years until maturity and has a yield to maturity of 6%. What
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a) Find the duration of a 6% coupon bond making annual coupon payments if it has three years until maturity and

has a yield to maturity of 6%. What is the duration if the yield to maturity is 10%?

b) Find the duration and the convexity of the bond in problem 3 with a yield of 6% if the coupons are paid semiannually

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