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Determine Macaulay's Duration of a bond that has a face value of $1,000, and 6 percent annual coupon rate, and 3 years until maturity. The
Determine Macaulay's Duration of a bond that has a face value of $1,000, and 6 percent annual coupon rate, and 3 years until maturity. The bond's YTM is 8 percent.
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Real Estate Finance and Investments
Authors: William Brueggeman, Jeffrey Fisher
14th edition
73377333, 73377339, 978-0073377339
