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Find the duration of 5.0% coupon bond making aemiannually coupon pyments if it has three years until maturity and has a yield to maturity of
Find the duration of 5.0% coupon bond making aemiannually coupon pyments if it has three years until maturity and has a yield to maturity of 6%. What is the duration if the yield of maturity is 8? Note; The face value of the bond is 100$.
6% YTM =
8% YTM =
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
10th Edition
0201785676, 9780201785678
