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Consider the following information: Bond A Bond B Maturity=6years Maturity=8 years Yield=8% Yield=9% Coupon rate= 8% Coupon rate= 0% Duration=5 years Duration=? years Convexity=28 Convexity=35
Consider the following information:
Bond A | Bond B |
Maturity=6years | Maturity=8 years |
Yield=8% | Yield=9% |
Coupon rate= 8% | Coupon rate= 0% |
Duration=5 years | Duration=? years |
Convexity=28 | Convexity=35 |
Given the information above, what is the Duration of Bond B?
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