Amandjs2218 Amandjs2218

19-03-2024
Business

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Which of the following bonds (similar except for yield and maturity) has the most Macaulay duration?
a) 6% yield and 10-year maturity
b) 7% yield and 10-year maturity
c) 7% yield and 5-year maturity
d) 5% yield and 5-year maturity

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