Question
Assume a bond with a $1,000 par value and an 8 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 8 percent coupon rate, two years remaining to maturity, and a 10 percent yield to maturity. The modified duration of this bond is_________.
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Forecasting And Predictive Analytics With Forecast X
Authors: Barry Keating, J. Holton Wilson, John Solutions Inc.
7th International Edition
1260085236, 9781260085235
