Using the table below, compute the Macaulay duration (in years) for bond 1 Bond 1 6%...
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Using the table below, compute the Macaulay duration (in years) for bond 1 Bond 1 6% 6% 3 $100 $100 Coupon Yield to maturity Maturity (in years) Par value Price Bond 2 7% 6% 4 $100 $108 Using the table below, compute the Macaulay duration (in years) for bond 1 Bond 1 6% 6% 3 $100 $100 Coupon Yield to maturity Maturity (in years) Par value Price Bond 2 7% 6% 4 $100 $108
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The Macaulay duration of a bond is a measure of its weighted average time to receive the bonds cash ... View the full answer
Related Book For
Fixed Income Securities Valuation Risk and Risk Management
ISBN: 978-0470109106
1st edition
Authors: Pietro Veronesi
Posted Date:
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