Question
4. A) General Motor bonds have an 8% coupon rate, pay coupon payment semi-annually, and will mature in exactly 3 years. The yield to maturity
4.
A) General Motor bonds have an 8% coupon rate, pay coupon payment semi-annually, and will mature in exactly 3 years. The yield to maturity of the bond is 6%. What is the duration of the bond?
B) Six flags issued a zero-coupon bond with 7 years to maturity. The yield to maturity is 5%. What is the duration of the bond?
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Sports Finance And Management Real Estate Entertainment And The Remaking Of The Business
Authors: Jason A. Winfree, Mark S. Rosentraub, Brian M Mills
1st Edition
1439844712, 9781439844717
