Question
Consider a 3-year 8% semiannual coupon bond. The YTM of this bond is 6%. Compute the following a) Macaulay Duration (use Mac Duration b) Modified
Consider a 3-year 8% semiannual coupon bond. The YTM of this bond is 6%. Compute the following
a) Macaulay Duration (use Mac Duration
b) Modified Duration
c) Effective duration (assume a 50 BP change of Yield)
d) Convexity Factor (use
e) Effective Convexity Factor (assume a 50 BP change of Yield)
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Financial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
IFRS 3rd edition
1118978080, 978-1119153726, 1119153727, 978-1119153702, 978-1118978085
