Question
Bond A has a duration of 7 years, a coupon rate of 6% and a YTM of 7%. If yields decline to 6%, what will
Bond A has a duration of 7 years, a coupon rate of 6% and a YTM of 7%. If yields decline to 6%, what will happen the the duration of the bond?
a. cannot be determined
b. it will remain the same
c. it will decrease
d. it will increase
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Financial Accounting Essentials You Always Wanted To Know Self Learning Management Series
Authors: Vibrant Publishers , Kalpesh Ashar
5th Edition
1636510973, 978-1636510972
