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) Consider two bonds Bond A and Bond B, both of which have the same yield to maturity. Bond A is a zero-coupon with a
- ) Consider two bonds Bond A and Bond B, both of which have the same yield to maturity. Bond A is a zero-coupon with a par value of $1,000,a maturity of 2 years, and a current price of $904.84. Bond B is a coupon bond (with coupons paid every 6 months) with a par value of $1,000, a maturity of 2 years, and a current price of $964.80. What is the duration of Bond B?
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Theoretical Foundations For Quantitative Finance
Authors: Luca Spadafora, Gennady P Berman
1st Edition
9813202475, 978-9813202474
