Question
A four-year $1,000 bond will pay $70 in interest at the end of each year. With a yield-to-maturity of 8%, its present market price is
A four-year $1,000 bond will pay $70 in interest at the end of each year. With a yield-to-maturity of 8%, its present market price is $934. Its duration is ______ .
A. Show the Formula of duration (0.1 point) B. Create the Table (0.6 point) C. Show the Steps to get the market price (0.2 point) D. Show the Steps to get the duration (0.2 point)
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Entrepreneurship In Finance Successfully Launching And Managing A Hedge Fund In Asia
Authors: Henri Arslanian
1st Edition
331943912X,3319439138
