Question
The duration of a par-value bond with a coupon rate of 8.7% anda remaining time to maturity of 6 years is A) 6.0 years. B)
The duration of a par-value bond with a coupon rate of 8.7% anda remaining time to
maturity of 6 years is
A) 6.0 years.
B) 5.1 years.
C) 3.95 years.
D) 4.27 years.
E) None of the options are correct.
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Financial Theory and Corporate Policy
Authors: Thomas E. Copeland, J. Fred Weston, Kuldeep Shastri
4th edition
321127218, 978-0321179548, 321179544, 978-0321127211
