Find the duration of the following bond: $1,000 FV Semiannual coupon payments 10 years to maturity 9% annual coupon rat

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Find the duration of the following bond: $1,000 FV Semiannual coupon payments 10 years to maturity 9% annual coupon rat

Post by answerhappygod »

Find the duration of the following bond:

$1,000 FV
Semiannual coupon payments
10 years to maturity
9% annual coupon rate
6% yield to maturity
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply