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A. What is the Duration of $1000 par value and a 2.0% coupon 3yr maturity and 2% ytm annual bond? B. What is the modified
A. What is the Duration of $1000 par value and a 2.0% coupon 3yr maturity and 2% ytm annual bond? B. What is the modified duration for the above? C. Using modified Duration above what is the expected change in the value of the bond if rates are expected to increase .3%
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Principles of Managerial Finance
Authors: Chad J. Zutter, Scott B. Smart
15th edition
978-0134476315
