Question
Find the duration of a 8% coupon bond making annual coupon payments if it has three years until maturity and a yield to maturity of
| Find the duration of a 8% coupon bond making annual coupon payments if it has three years until maturity and a yield to maturity of 7.0%. What is the duration if the yield to maturity is 11.0%? (Do not round intermediate calculations. Round your answers to 4 decimal places.) |
| YTM | Duration |
| 7.0% YTM | |
| 11.0% YTM | |
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Derivatives And Internal Models
Authors: H. Deutsch
4th Edition
1349307661, 9781349307661
