Find the duration of a bond with settlement date May 27, 2010, and maturity date November 15,

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Find the duration of a bond with settlement date May 27, 2010, and maturity date November 15, 2019. The coupon rate of the bond is 7%, and the bond pays coupons semiannually. The bond is selling at a yield to maturity of 8%. You can use Spreadsheet 11.2 , available at www.mhhe.com/bkm; link to Chapter 11 material.

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Essentials Of Investments

ISBN: 9780697789945

8th Edition

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

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