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Solve the Absolute Value Equation 12+2x=x6| 12 + 2 x | = | x - 6 |

question 49

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Solve the absolute value equation. 12+2x=x6| 12 + 2 x | = | x - 6 |

Distinguish between Macaulay duration and modified duration.
Understand and apply the concept of convexity in bond pricing.
Calculate the duration of zero-coupon bonds.
Understand the impact of coupon rates and maturity on bond duration.

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