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What is the duration of a bond with three years to maturity and a coupon of 6.1 percent paid annually if the bond sells at
What is the duration of a bond with three years to maturity and a coupon of 6.1 percent paid annually if the bond sells at par?
| Duration of a 3-yr bond with a 6.1% annual coupon at par. | ||||
| Year | Cashflows | PV of Cf @ 6.1% | Wt. Factor | Factor |
| 1 | ||||
| 2 | ||||
| 3 | ||||
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Fundamentals Of Financial Management
Authors: James C. Van Horne
10th Edition
0138596875, 978-0138596873
