Question
Assume a bond with a $1,000 par value and an 12 percent coupon rate, two years remaining to maturity, and a 10 percent yield to
Assume a bond with a $1,000 par value and an 12 percent coupon rate, two years remaining to maturity, and a 10 percent yield to maturity. The modified duration of this bond is
|
| a. | 1.73 years. |
|
| b. | 1.71 years. |
|
| c. | 1.90 years. |
|
| d. | none of the above |
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Weathering The Storm A Quick Guide To Safeguarding Your Finances During Economic Recession
Authors: Liam Wilhelm
1st Edition
979-8864393628
