Question
3) a) Assume semi-annual payment, what is the duration of a 3-year note with a coupon rate of 8%, with a par value $1000; and
3) a) Assume semi-annual payment, what is the duration of a 3-year note with a coupon
rate of 8%, with a par value $1000; and the current market rate is 12%;
b) For the bond in part (A), what is the duration if interest is paid annually (10 points in total)
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Asset Allocation And Private Markets A Guide To Investing With Private Equity Private Debt And Private Real Assets
Authors: Cyril Demaria, Maurice Pedergnana, Remy He, Roger Rissi, Sarah Debrand
1st Edition
1119381002, 978-1119381006
