Question
Consider a 10% corporate bond maturing in exactly 12 months. The bonds face value is $1,000 and is trading to yield 12%. Please solve the
Consider a 10% corporate bond maturing in exactly 12 months. The bonds face value is $1,000 and is trading to yield 12%. Please solve the following with work.
a) Duration
b) Convexity
c) Modified Duration
d) Dollar Duration
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The Theory And Practice Of Investment Management
Authors: Frank J Fabozzi, Harry M Markowitz
2nd Edition
0470929901, 9780470929902
