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only answer this if you are fluent in Spanish. I will not accept anything that is only translated by Google. Google Translate is not very
only answer this if you are fluent in Spanish. I will not accept anything that is only translated by Google. Google Translate is not very accurate. I am studying for an exam for next week. I need help in answering questions about bond investments like this one: On December 31, 2020, a firm issued a Senior Bond of $100 million at 3% maturing on December 31, 2022. The notes are payable semi-annually on June 30 and December 31 of each year. The notes sold for 103 million at a market rate of 2%. What is the modified duration of the bond? Thank you
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