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Find the duration of a 5.2% coupon bond making semiannually coupon payments if it has three years until maturity and has a yield to maturity
Find the duration of a 5.2% coupon bond making semiannually coupon payments if it has three years until maturity and has a yield to maturity of 5.2%. What is the duration if the yield to maturity is 7.0% ? Note: The face value of the bond is $1,000. Do not round intermediate calculations. Round your answers to 2 decimal places Step by Step Solution
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The Essentials Of Machine Learning In Finance And Accounting
Authors: Mohammad Zoynul Abedin, M. Kabir Hassan, Petr Hajek, Mohammed Mohi Uddin
1st Edition
0367480816, 978-0367480813
