Question
Find the duration of a 7% coupon bond making annual coupon payments if it has three years until maturity and a yield to maturity of
Find the duration of a 7% coupon bond making annual coupon payments if it has three years until maturity and a yield to maturity of 7.6%. What is the duration if the yield to maturity is 11.6%? (Do not round intermediate calculations. Round your answers to 4 decimal places.)
YTM Duration
7.6% YTM
11.6% YTM
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Statistical Reasoning For Everyday Life
Authors: Jeff Bennett, William Briggs, Mario Triola
5th Edition
9780134494043
