Question
Find the Macaulay's Duration of the following bond using a table of cash flows, present values, etc. TTM = 4 years, Coupon rate = 6%,
Find the Macaulay's Duration of the following bond using a table of cash flows, present values, etc. TTM = 4 years, Coupon rate = 6%, Par Value = $1,000, YTM = 8%, coupon is paid semiannually.
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Valuation Measuring And Managing The Value Of Companies
Authors: McKinsey & Company Inc., Tom Copeland, Tim Koller, Jack Murrin
3rd Edition
0471361909, 978-0471361909
