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Calculate the PV, the Duration and the Modified Duration of the following bonds (with face value 1,000): 4% annual coupon bond, 2-year maturity, current market
Calculate the PV, the Duration and the Modified Duration of the following bonds (with face value 1,000):
- 4% annual coupon bond, 2-year maturity, current market yield is 3.47%
- Semi-annual coupon bond, 4.5% annualized coupon rate, 3-year maturity,
- current market yield is 3.6% APR.
- Monthly coupon bond, 5% annualized coupon rate, 5-year maturity, current
- market yield is 4% APR.
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Real Estate Finance
Authors: John P. Wiedemer, Keith J. Baker
9th edition
324181426, 324181425, 978-0324181425
