Page 1 of 1

On March 1, 2028, you buy a 10-year bond originally issued on March 1, 2024 with a 5.1% annual coupon. What is the durat

Posted: Sun May 29, 2022 5:49 pm
by answerhappygod
On March 1, 2028, you buy a 10-year bond originally issued on
March 1, 2024 with a 5.1% annual coupon.
What is the duration stated in years of this bond
as of your purchase date if your expected YTM is 4.5%?
A) 7.65 years
B) 10.00 years
C) 6.0 years
D) 5.10 years
E) 5.33 years