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Consider following characteristic of a bond Time to Maturity: 4 years Coupon Payment: Semi-annual Coupon Rate: 5.5% Par Value: $1,000 YTM (in annual): 6% What
Consider following characteristic of a bond
| Time to Maturity: | 4 years |
| Coupon Payment: | Semi-annual |
| Coupon Rate: | 5.5% |
| Par Value: | $1,000 |
| YTM (in annual): | 6% |
- What the current price and Macaulays duration of this bond given the information?
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Volatility Trading
Authors: Euan Sinclair
2nd Edition
1118347137, 9781118347133
