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
Posted: Thu Apr 28, 2022 1:51 pm
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?
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?