Question
A bond has a PAR value of $1,000 with a 12% coupon and a 4% semi-annually compounded yield. What is the bonds duration given that
A bond has a PAR value of $1,000 with a 12% coupon and a 4% semi-annually compounded yield. What is
the bonds duration given that there are two years left to maturity?
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Financial Management For Nurse Managers And Executives
Authors: Cheryl Jones, Steven A. Finkler, Christine T. Kovner, Jason Mose
5th Edition
0323415164, 9780323415163
