Analyze nestle csr initiative plan focuses on society issues
This is a CSR project, and choose to nestle as our company Note: Please give answer on mentioned words (must add intext citation) and required
Determine what is the duration of the bond
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Assignment ID: FG132657670
Problem 1: A bond currently sells for $1,050, which gives it a yield to maturity of 6%. Suppose that if the yield increases by 25 basis points, the price of the bond falls to $1,025. What is the duration of this bond? (Do not round intermediate calculations. Round your answer to 4 decimal places.)
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