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Assume Face Value is 100 A fixed coupon bond with 4 years until maturity has a coupon rate of 5% paid annually and is currently
Assume Face Value is 100
A fixed coupon bond with 4 years until maturity has a coupon rate of 5% paid annually and is currently trading at a yield of 4% p.a. Compute the following: 3) Calculate the Price of the bond. 4) Calculate the Duration and Modified Duration of the Bond 5) Calculate the Convexity of the BondStep by Step Solution
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ISE International Financial Management
Authors: Cheol Eun, Bruce Resnick, Tuugi Chuluun
9th International Edition
1260575314, 9781260575316
