Question
Calculate the value and the duration for the following bonds: BOND Years to maturity Annual interest Maturity value ABC 10 $80 $1000 XYZ 15 $75
Calculate the value and the duration for the following bonds:
| BOND | Years to maturity | Annual interest | Maturity value |
| ABC | 10 | $80 | $1000 |
| XYZ | 15 | $75 | $1000 |
The required rate of return is 8%
easy steps please
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Financial Markets and Institutions
Authors: Jeff Madura
12th edition
9781337515535, 1337099740, 1337515531, 978-1337099745
