Question
How to use BAII calculate this question? or how to calculate this question by formula? Consider a bond with a face value of $1,000, an
How to use BAII calculate this question? or how to calculate this question by formula?
Consider a bond with a face value of $1,000, an annual coupon rate of 6 percent, a yield to maturity of 8 percent, and 10 years to maturity. This bond's duration is
A. 8.7 years.
B. 7.6 years.
C. 10.0 years.
D. 6.5 years.
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Industrializing Financial Services With DevOps
Authors: Spyridon Maniotis
1st Edition
1804614343, 978-1804614341
