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a. 1.92 b. 1.50 c. 1.90 d. none of the above Assume a bond with a $1,000 par value and an 11 percent coupon rate,

a.

1.92

b.

1.50

c.

1.90

d.

none of the above

Assume a bond with a $1,000 par value and an 11 percent coupon rate, two years remaining to maturity, and a 10 percent yield to maturity. The duration of this bond is ____ years.

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Question

a. 1.92 b. 1.50 c. 1.90 d. none of the above Assume a bond with a $1,000 par value and an 11 percent coupon rate,

a. 1.92 b. 1.50 c. 1.90 d. none of the above Assume a bond with a $1,000 par value and an 11 percent coupon rate, two years remaining to maturity, and a 10 percent yield to maturity. The duration of this bond is ____ years.

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a.

1.92

b.

1.50

c.

1.90

d.

none of the above

Assume a bond with a $1,000 par value and an 11 percent coupon rate, two years remaining to maturity, and a 10 percent yield to maturity. The duration of this bond is ____ years.