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no another, the question didn't give the T bond A T-bond with semi-annual coupons has a coupon rate of 3%, face value of $1,000, and
no another, the question didn't give the T bond
A T-bond with semi-annual coupons has a coupon rate of 3%, face value of $1,000, and 2 years to maturity. If its yield to maturity is 4%, what is its Macaulay Duration? Answer in years, rounded to three decimal places. Numeric Step by Step Solution
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Applied Quantitative Finance
Authors: W.; T. Kleinkow; G. Stahl Hardle
1st Edition
3540434607, 978-3540434603
