A bond has a yield to maturity of 5.8%. It matures in 9 years at par. Its coupon rate is 6.4% and a modified duration of 7.73 years. If you use financial calculator, write out the buttons that you would press to get the solution. Calculate the current bond price.. Calculate the bond's dollar value of an 01. Round to 5 decimal places. Calculate the bond's yield value of a 32nd. Round to 5 decimal places.

Answer rating: 100% (QA)

Current bond price 104116775 Dollar value of 01 28306410 ... View the full answer