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What is the duration of a 3-year bond with $1,000 par value, 10% annual coupon, and 6% YTM? Question 1 options: 3.15 years 3 years
What is the duration of a 3-year bond with $1,000 par value, 10% annual coupon, and 6% YTM?
Question 1 options:
|
| 3.15 years |
|
| 3 years |
|
| 2.24 years |
|
| 2.75 years |
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Inside And Outside Liquidity
Authors: Bengt Holmstroem, Jean Tirole
1st Edition
0262518538, 9780262518536
