Calculating the actual price of the security in the Wall ...
Bond 2 Duration equals time to maturity. All cash flows occur at maturity. 157 days (0.4301 years) from 3/11/07 to 8/15/07. 9. Calculate this note’s Macaulay duration and modified duration using the precise method. Double Checking our Duration Calculation: Method 1 for Calculating Exact Duration … ................
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