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Bond A has a $1,000 par value and a 7% coupon rate, 3 years remaining to maturity, and a 9% yield to maturity. The Modified
Bond A has a $1,000 par value and a 7% coupon rate, 3 years remaining to maturity, and a 9% yield to maturity. The Modified Duration of Bond A is _____ years.
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Handbook Of Research Methods And Applications In Empirical Finance
Authors: Adrian R. Bell, Chris Brooks, Marcel Prokopczuk
1st Edition
1782540172, 978-1782540175
