What is the duration of a bond with three years to maturity and a coupon of...
What is the duration of a bond with three years to maturity and a coupon of 8.4 percent paid annually if the bond sells at par? (Do not round intermediate calculations and round your answer to 5 decimal places, e.g., 32.16161.)
Homework Answers
If Bonds are sold at par then Yield to maturity equals to Coupon rate,
So, YTM = Coupon rate = 8.4%
Add Answer to:
What is the duration of a bond with three years to maturity and
a coupon of...
What is the duration of a bond with three years to maturity and a coupon of...
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What is the duration of a bond with three years to maturity and a coupon of 7.5 percent paid annually if the bond sells...
What is the duration of a bond with three years to maturity and a coupon of 7.5 percent paid annually if the bond sells at par?
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