A bond with $100 face value is initially valued at $93. Then the bond price decreases to

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A bond with $100 face value is initially valued at $93. Then the bond price decreases to $91, changing the bond's yield by 8 basis points (stated in continuous compounding). calculate the Macauley duration

Posted Date: May 10, 2024 05:23 AM

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A bond with $100 face value is initially valued at $93. Then the bond price decreases to

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Answer To calculate the Macaulay duration of the bond we need to use the following formula Macaulay ... View the full answer

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