Question
Maturity (in years) : 21 Coupon : 4% Coupon frequency : annual Par value : $1,000.00 YTM : 15% What happens to the duration of
Maturity (in years) : 21 Coupon : 4% Coupon frequency : annual Par value : $1,000.00 YTM : 15%
What happens to the duration of the bond if coupon changes? Illustrate with a graph of duration (y) vs coupon rate (x). Your graph should increase in coupon rate until no meaningful changes occur by adding a higher coupon
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Fundamentals Of Futures And Options Market
Authors: John C. Hull
6th Edition
0132242265, 9780132242264
