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What is the modified duration of a 5 year, 4.25% coupon semiannual pay bond with a YTM currently at 4.4%? a)4.19 b)4.03 c)4.35 d)4.46
What is the modified duration of a 5 year, 4.25% coupon semiannual pay bond with a YTM currently at 4.4%?
a)4.19
b)4.03
c)4.35
d)4.46
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
16th edition
125927716X, 978-1259687969, 1259687961, 978-1259277160
