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Assume coupons are paid annually. Here are the prices of three bonds with 10-year maturities: Bond Coupon % Price % 2 83 4 102 8
Assume coupons are paid annually. Here are the prices of three bonds with 10-year maturities:
| Bond Coupon % | Price % |
| 2 | 83 |
| 4 | 102 |
| 8 | 133 |
What is the duration of each bond?
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Corporate Valuation A Guide For Managers And Investors
Authors: Phillip R. Daves, Michael C. Ehrhardt, Ron E. Shrieves
1st Edition
0324274289, 978-0324274288
