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Duration of a perpetual bond ??

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19 May 2023 Duration of a perpetual bond is ?
1. Infinity
2. Impossible to calculate
3. Can be computed with ytm & coupon

This question was asked in IBBI valuation exam . I answered no.3

Can anyone answer this ?

19 May 2023 As per its perpetuality, answer 1 should be correct answer.



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