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Information on Bond A Coupon Rate 8% Yield-To-Maturity(YTM) 8% Maturity 2 Par Value 100 Price 100 Periodicity Semi-Annual a. Compute the approximate modified duration by
| Coupon Rate | 8% |
| Yield-To-Maturity(YTM) | 8% |
| Maturity | 2 |
| Par Value | 100 |
| Price | 100 |
| Periodicity | Semi-Annual |
a. Compute the approximate modified duration by changing yields by 20 basis basis points.
b.Compute the approximate convexity measure for bond A (use 10 basis points as the change in interest)
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Corporate Finance For Dummies
Authors: Michael Taillard
2nd Edition
1119850312, 978-1119850311
