Question
A bond is paying coupon at 9% (annually). It matures in 3 years. The YTM of the bond is 7.9%. calculate the duration of this
A bond is paying coupon at 9% (annually). It matures in 3 years. The YTM of the bond is 7.9%. calculate the duration of this bond.
What is the duration of this bond if the YTM is 11.9%.
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Principles of Managerial Finance
Authors: Chad J. Zutter, Scott B. Smart
15th edition
013447631X, 134476315, 9780134478197 , 978-0134476315
