A $100 face-value bond has 10 years to mature. It pays
semi-annual coupon interest at the rate of 5% p.a. and its yield to
maturity is 7% p.a. What is the duration of this bond in years?
A $100 face-value bond has 10 years to mature. It pays semi-annual coupon interest at the rate of 5% p.a. and its yield
-
answerhappygod
- Site Admin
- Posts: 899604
- Joined: Mon Aug 02, 2021 8:13 am
A $100 face-value bond has 10 years to mature. It pays semi-annual coupon interest at the rate of 5% p.a. and its yield
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!