Question
A$1,000 parvalue, 7% annual coupon bond matures in 4 years. The bond is currently priced at$1,034.65 and has a YTM of6.0%. What is the Macaulayduration?
A$1,000 parvalue, 7% annual coupon bond matures in 4 years. The bond is currently priced at$1,034.65 and has a YTM of6.0%. What is the Macaulayduration?
A.3.41 years
B.4.00 years
C.3.28 years
D.3.63 years
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Technical Analysis The Complete Resource for Financial Market Technicians
Authors: Charles D. Kirkpatrick, Julie R. Dahlquist
1st edition
134137043, 134137049, 978-0131531130
