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i have no time please write only answer You intend to purchase a 2-year bond. The bond has a $1,500 face value and coupon payments

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You intend to purchase a 2-year bond. The bond has a $1,500 face value and coupon payments are quarterly. Coupon rate of this bond is 25%6. Market interest rate is 4 percent, what is the duration of the bond (in terms of quarters)? (Answer is rounded) Yantnz: o 7.25 O 7.61 07.04 0 6.79 o 6.38 Vaniti temizle

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