Find the duration of a bond with a settlement date of May 27, 2020, and maturity date

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Find the duration of a bond with a settlement date of May 27, 2020, and maturity date November 15, 2031. The coupon rate of the bond is 7%, and the bond pays coupons semiannually. The bond is selling at a bond-equivalent yield to maturity of 8%. You can use Spreadsheet 16.2, available in Connect or through your course instructor.

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Investments

ISBN: 9781259277177

11th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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