Assume that a 5 year bond pays interest of $125 once a year (1 payment year) and will mature for $1,000 Also assume that the yield to maturity on this bond is currently 12 percent Given this information, determine the duration of this bond Enter your answer in decimal format, truncated to 2 decima...

Answer Give Annual interest amount 125 Par value 1000 Period 5 Years YTM 12 Calculation of ...

Assume that a 5-year bond pays interest of $125 once a year (1 payment/year) and will...

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Introduction To Corporate Finance

ISBN: 9781118300763

3rd Edition

Authors: Laurence Booth, Sean Cleary

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Posted Date: Jan 03, 2023 01:12 AM

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Assume that a 5-year bond pays interest of $125 once a year (1 payment/year) and will...

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Introduction To Corporate Finance

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