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please answer 13 and 14 Canvas Question 13 1 pts Questions 13 & 14 are based on the following information: What is the duration of
please answer 13 and 14
Canvas Question 13 1 pts Questions 13 & 14 are based on the following information: What is the duration of an 8% coupon bond that has three years to maturity? Assume the current market interest rate is 9% and the bond pays annual coupon 2.7803 2.7774 3.0000 2.0000 D | Question 14 1 pts Questions 13 & 14 are based on the following information: "What is the duration of an 8% coupon bond that has three years to maturity? Assume the current market interest rate is 9% and the bond pays annual coupon What is the Dollar price change if the interest rate increases to 9.50%? 1243 0 -1243 0 -0.50 962.37Step by Step Solution
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