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a U.S. government T Note with a 2 year maturity has a coupon rate of 10% and a face value of $1000. the coupons are
a U.S. government T Note with a 2 year maturity has a coupon rate of 10% and a face value of $1000. the coupons are paid annually and the next coupon is due in one year. The T note's yield to maturity is 10%. What is this T note's modified duration?
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Accounting
Authors: John Hoggett, John Medlin, Keryn Chalmers, Claire Beattie
11th Edition
9780730382737, 9780730382737
