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What is the Macaulay duration of a 8.4 percent coupon bond with eleven years to maturity and a current price of $1,041.40? What is the
| What is the Macaulay duration of a 8.4 percent coupon bond with eleven years to maturity and a current price of $1,041.40? What is the modified duration? |
| Duration | |
| Macaulay | Years |
| Modified | Years |
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Personal Finance
Authors: Jeff Madura, Hardeep Singh Gill
4th Canadian edition
134724712, 134724713, 9780134779782 , 978-0134724713
