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help with solution You are considering the purchase of the following bond: Maturity Coupon 4 years 12% Par Tshs 10 million (ii) If you require

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You are considering the purchase of the following bond: Maturity Coupon 4 years 12% Par Tshs 10 million (ii) If you require an YTM of 14% on the bonds of equivalent risk and maturity, what do you believe is a fair market value? P=9,916,800 What is the duration of this bond? (Show your analysis). [30 marks) . Dulon

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