a bond's macaulay duration is 10 years. if the current annual interest rate is 16%, what...

Question

Question

a bond's macaulay duration is 10 years. if the current annual interest rate is 16%, what is the modifies duration this bond?

Answer 1

Answer #1

Modified Duration Macaulays Duration/(1+i) 10/(1+0.16) 8.621

Answer 2

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