Question
An Apple annual coupon bond has a coupon rate of 9.8%, and 3 years to maturity. If its yield to maturity is 3.2%, what is
An Apple annual coupon bond has a coupon rate of 9.8%, and 3 years to maturity. If its yield to maturity is 3.2%, what is its Modified Duration?
2.762
3.276
2.516
2.677
3.079
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Entrepreneurial Finance
Authors: Philip J. Adelman; Alan M. Marks
6th edition
9780133099096, 133140512, 133099091, 978-0133140514
