On March 1, 2027, you buy a 15-year bond originally issued on March 1, 2022 with...

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On March 1, 2027, you buy a 15-year bond originally issued on March 1, 2022 with a 2.5% annual coupon. What is the duration stated in years of this bond as of your purchase date if your expected YTM is 6.5%? 10.00 years 9.57 years 8.08 years 8.73 years 15.00 years On March 1, 2027, you buy a 15-year bond originally issued on March 1, 2022 with a 2.5% annual coupon. What is the duration stated in years of this bond as of your purchase date if your expected YTM is 6.5%? 10.00 years 9.57 years 8.08 years 8.73 years 15.00 years

Answer rating: 100% (QA)

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