Question
A 10-year 5% coupon bond is trading at par. When we calculate the duration of this bond, what percentage is the weight of the first
A 10-year 5% coupon bond is trading at par. When we calculate the duration of this bond, what percentage is the weight of the first coupon at will be paid one year from today?
| A. | 7.5% | |
| B. | 10% | |
| C. | 4.76%
| |
| D. | 8.65%
|
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Intermediate Financial Management
Authors: Eugene F Brigham, Phillip R Daves
9th Edition
032431986X, 9780324319866
