Question
Consider a 30 year, R1000 semi-annual-pay bond with a 9% courpon and 13.2% yield to maturity. Based on achange in the yield to maturity of
Consider a 30 year, R1000 semi-annual-pay bond with a 9% courpon and 13.2% yield to maturity. Based on achange in the yield to maturity of 1.20%, the effective duration of the bond will be what?
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Investment Analysis and Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
10th Edition
538482109, 1133711774, 538482389, 9780538482103, 9781133711773, 978-0538482387
