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What is the modified duration of the bond with the highest duration? (To 2 decimal places). (SHOW ON EXCEL) Bond D Which of these bonds
What is the modified duration of the bond with the highest duration? (To 2 decimal places). (SHOW ON EXCEL)
Bond D Which of these bonds has the highest duration? Bond A Bond B Issue Date 12/31/1994 12/31/2018 Settlement Date 12/12/2019 12/12/2019 Maturity Date 12/31/2024 12/31/2021 Coupon 5.05% 2.15% YTM 14.15% 2.30% Bond C 9/1/2018 12/12/2019 9/1/2028 6/30/2019 12/12/2019 6/30/2024 3.67% 2.95% 2.81% 2.62% Par 100.00 100.00 100.00 100.00 Price 104.06 99.70 106.61 101.41 Bond D Which of these bonds has the highest duration? Bond A Bond B Issue Date 12/31/1994 12/31/2018 Settlement Date 12/12/2019 12/12/2019 Maturity Date 12/31/2024 12/31/2021 Coupon 5.05% 2.15% YTM 14.15% 2.30% Bond C 9/1/2018 12/12/2019 9/1/2028 6/30/2019 12/12/2019 6/30/2024 3.67% 2.95% 2.81% 2.62% Par 100.00 100.00 100.00 100.00 Price 104.06 99.70 106.61 101.41Step by Step Solution
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