Question
A bond currently has a price of $1,100. The yield on the bond is 6%. If the yield decreases 50 basis points, the price of
A bond currently has a price of $1,100. The yield on the bond is 6%. If the yield decreases 50 basis points, the price of the bond will go up to $1,050. The Macaulay duration of this bond is ____ years.
| A. | 9.09
| |
| B. | 9.12
| |
| C. | 9.64
| |
| D. | 9.68
|
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Options Trading For Beginners How To Generate Predictable Income And Make A Living Without Taking Big Risks Even If You Re A Complete Beginner
Authors: Greg Middleton
1st Edition
979-8866955046
