Question
Find the duration of a 4% coupon bond making annual coupon payments if it has 3 years until maturity and has a yield to maturity
Find the duration of a 4% coupon bond making annual coupon payments if it has 3 years until maturity and has a yield to maturity of 4%. What is the duration if the yield to maturity is 6%? Note: The face value of the bond is $1,000. (Do not round intermediate calculations. Round your answers to 3 decimal places.)
Duration 4% YTM:
6% YTM:
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The Private Equity Edge How Private Equity Players And The Worlds Top Companies Build Value And Wealth
Authors: Arthur B. Laffer,William J. Hass, Shepherd G. Pryor
1st Edition
0071590781,0071642927
