Find the duration of a bond with settlement date June 14, 2018, and maturity date December 21, 2027. The coupon rate of the bond is 8%, and the bond pays coupons semiannually. The bond is selling at a yield to maturity of 9%. (Do not round intermediate calculations. Round your answers to 4 decimal places.)

Macaulay Duration
Modified Duration

Answer rating: 100% (QA)

15 Inputs 16 Settlement date 17 Maturity date 18 Coupon ra... View the full answer