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What is the Macaulay duration of a 8.2 percent coupon bond with ten years to maturity and a current price of $949.30? What is the
| What is the Macaulay duration of a 8.2 percent coupon bond with ten years to maturity and a current price of $949.30? What is the modified duration? (Round your answer to 3 decimal places.) |
| Duration | |
| Macaulay | Years |
| Modified | Years |
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Personal Finance For Dummies
Authors: Eric Tyson
9th Edition
1119517893, 978-1119517894
