Question
What is the annual modified duration of a 10 year, 9% coupon bond with a YTM of 9% and a current price of 100 (assume
What is the annual modified duration of a 10 year, 9% coupon bond with a YTM of 9% and a current price of 100 (assume a par value of 100 and coupons are paid semi-annually)?
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Financial Informatics An Information Based Approach To Asset Pricing
Authors: Dorje C Brody, Lane Palmer Hughston, Andrea Macrina
1st Edition
9811246483, 978-9811246487
