Question
What is the duration of a four-year Treasury bond with a 10 percent semiannual coupon selling at par? What is the duration of a three-year
What is the duration of a four-year Treasury bond with a 10 percent semiannual coupon selling at par? What is the duration of a three-year Treasury bond with a 10 percent semiannual coupon selling at par? What is the duration of a two-year Treasury bond with a 10 percent semiannual coupon selling at par? Using these results, what conclusions can you draw about the relationship between duration and maturity?
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Corporate Treasury And Cash Management
Authors: Robert Cooper
1st Edition
1349512699, 9781349512690
