What is the duration of a bond with 2 years to maturity if the bond has a

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What is the duration of a bond with 2 years to maturity if the bond has a coupon rate of 8 per cent paid semi-annually, and the market interest rate is 7 per cent?

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Corporate Finance

ISBN: 9780077173630

3rd Edition

Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe

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Question Posted: Feb 22, 2024 03:02 AM

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What is the duration of a bond with 2 years to maturity if the bond has a

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There are two ways to calculate the duration of this bond 1 Macaulay Duration This method considers ...View the full answer

Corporate Finance

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