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. Calculate the requested measures in parts (1) and (2) for bonds A and B (assume that each bond pays interest semiannually): A B Coupon
. Calculate the requested measures in parts (1) and (2) for bonds A and B (assume that each bond pays interest semiannually):
| A | B | |
| Coupon rate | 8% | 9% |
| Yield to maturity | 8% | 8% |
| Maturity (years) | 2 | 5 |
| Par | $100.00 | $100.00 |
- Macaulay duration
- Modified duration
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Public Finance
Authors: Harvey S. Rosen
3rd Edition
0256083762, 978-0256083767
