Chiraq9145 Chiraq9145 27-05-2023 Business contestada Bond DEF has a maturity of three years, with annual coupons of R200, a face value of R1000, and annual YTM of 10%. Calculate the approximate duration of the bond. 1. 6 years 2. 2.1 years 3. 3 years 4.24 years 5. 2.58 years
