27. Calculating Duration (LO4, CFA6) A bond with a coupon rate of 8 percent sells at a...

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27. Calculating Duration (LO4, CFA6) A bond with a coupon rate of 8 percent sells at a yield to maturity of 9 percent. If the bond matures in 10 years, what is the Macaulay duration of the bond? What is the modified duration?

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Fundamentals Of Investments Valuation And Management

ISBN: 9781260013979

9th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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