Question
Calculate the value and the duration for the following bonds: BOND Years to maturity Annual interest Maturity value Argile 10 $90 $1000 Terathon 15 $65
Calculate the value and the duration for the following bonds:
| BOND | Years to maturity | Annual interest | Maturity value |
| Argile | 10 | $90 | $1000 |
| Terathon | 15 | $65 | $1000 |
The required rate of return is 8%,(Market price=1221)
please show steps in detail and preferably through excel
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Money Management And Financial Budgeting 2 Books In 1 A Beginners Guide On Managing Bad Credit Debt Savings And Personal Finance
Authors: Robert Anderson
1st Edition
1386959006, 978-1386959007
