Find the duration of a bond with a settlement date of May 27, 2023, and maturity date
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Find the duration of a bond with a settlement date of May 27, 2023, and maturity date November 15, 2034. The coupon rate of the bond is 7%, and the bond pays coupons semiannually. The bond is selling at a bond-equivalent yield to maturity of 8%. You can use Spreadsheet 16.3, available in Connect or through your course instructor.
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Related Book For
ISE Investments
ISBN: 9781260571158
12th International Edition
Authors: Zvi Bodie, Alex Kane, Alan Marcus
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