Calculate the duration of a $1000 10-year coupon bond with semiannual coupons paid at 6% per year

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Calculate the duration of a $1000 10-year coupon bond with semiannual coupons paid at 6% per year with the interest rate 10%.

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ISE Essentials Of Investments

ISBN: 9781265450090

12th International Edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus

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Posted Date: Mar 20, 2024 02:29 AM

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Calculate the duration of a $1000 10-year coupon bond with semiannual coupons paid at 6% per year

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Expert Answer:

we can calculate the duration of the bond using the Macaulay duration formula Bond Parameters Face value F 1000 Coupon rate c 6 per year semiannual co... View the full answer

ISE Essentials Of Investments

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