What is the duration of a bond with three years to maturity and a coupon of 8 2 percent paid annually if the bond sells at par (Do not round Intermediate calculations and round your answer to 5 decimal places, e g , 32 16161 ) Duration What is the duration of a bond with three years to maturity an...

The duration of the bond is 256609 years Heres the calculat ...

What is the duration of a bond with three years to maturity and a coupon of...

Fantastic news! We've Found the answer you've been seeking!

Question:

What is the duration of a bond with three years to maturity and a coupon of 8.2 percent paid annually if the

Related Book For answer-question

Corporate Finance

ISBN: 9781265533199

13th International Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

See More Books

Posted Date: Jan 12, 2024 02:57 AM

See More Questions

What is the duration of a bond with three years to maturity and a coupon of 5.3 percent paid annually if the bond sells at par?
What is the duration of a bond with three years to maturity and a coupon of 7 percent paid annually if the bond sells at par?
The rigid bar AB is supported by a pin at B and by two the cables AC (perpendicular to the beam) and AD (inclined with respect to the beam) attached at A as shown in Fig. 3. A C 30 in D B 80 in...
Why aren't gamma rays deflected in a magnetic field?
Sue Enterprises uses a normal job order costing system and a predetermined overhead rate based on machine hours. At the beginning of 2022, Sue estimated the overhead for the year would be $720,000...
A vapour absorption system has a source temperature of 110C, the refrigeration temperature of 5C, and ambient temperature of 35C. Calculate its COP.
Magic Oaks Realty's net revenue and net income for the following five-year period, using 2010 as the base year, follow: Requirements 1. Compute trend analysis for net revenue and net income. Round to...
COOK v. Rhode Island Department of Mental Health, Retardation, and Hospitals United States First Circuit Court of Appeals 10 F.2d 17 Plaintiff Cook, a woman who stood 5 feet 2 inches tall and...
Forward exchange contract designated as a fair value hedge of a foreign-currency-denominated firm commitment to sell inventory, weakening $US Our U.S.-based company enters into a "firm commitment"...
N identical cubes each of massmand edgeLare lying on a floor. If the cubes are to be arranged as one over the other in a vertical stack, the work tobe done is: A. Lmng(n-1)/2 B. Lg(n-1)/mn C....
An all-inclusive cruise and a return flight, if bought separately, would in total cost $910. The cruise costs $270 more than the flights. When you buy them together you get 25% off the price of the...
It is desired to compare smoke emissions for three cities. Eight randomly chosen locations are selected in each city. The emission level readings for these 24 locations are analyzed using Minitab and...
Suppose future astronauts are living on a Martian base when a major solar flare occurs. How long will it be before the charged particles ejected from the Sun during the flare reach them? (Hint: use...
Operating cash flow is a concern for the management of Fabrikam. To encourage early payment, management offers a discount to all customers. Management has asked you to identify the customers that do...
Social Media Pilot Case Study, students are provided a high-level overview of the steps taken by a consultant who worked through the development of a Social Media plan for their client Front Runner. ...
Lotus Ltd has identified the following overhead costs and cost drivers for next year Overhead Items E ( cost) $ Power 15000 Maintenance cost 7800 Ordering cost 6150 Set ups cost 4500 Cost Driver E(...
Catalytic hydrogenation of naphthalene over PdC results in rapid addition of 2 moles of H 2 . Propose a structure for this product.
Suh-Pyng Ku has put $500 in a savings account at the First National Bank of Kent. The account earns 7 percent, compounded annually. How much will she have at the end of three years? The answer is:...
An asset costs $825,000 and will be depreciated in a straightline manner over its three-year life. It will have no salvage value. The corporate tax rate is 22 percent and the appropriate interest...
Why do companies issue options to executives if they cost the company more than they are worth to the executive? Why not just give cash and split the difference? Wouldnt that make both the company...
Figure 4 shows a scatterplot for the variables life expectancy and infant mortality in 16 countries. What type of correlation does it show? Does this correlation make sense? Does it imply causality?...
Figure 5 shows a scatterplot for the variables number of farms and mean farm size in the United States. Each dot represents data from a single year between 1950 and 2000; on this diagram, the earlier...
The scatterplots in Figure 6 show two weeks of data comparing the actual high temperature for the day with the same-day forecast (part a) and the three-day forecast (part b). Estimate the correlation...

What is the duration of a bond with three years to maturity and a coupon of...

Question:

Expert Answer:

The duration of the bond is 256609 years Heres the calculat... View the full answer

Corporate Finance

Students also viewed these finance questions