What is the duration of this bond in THREE decimals That is, if it is 4 0034, enter 4 003 If it is 4 010, enter 4 01 Assumptions Initial price $1,000 000 Semiannual bond, YTM 10 , coupon 10 , years 10, par value $1,000 Price if rates rise to 13 $837 21 Price if rates decline to 7 $1,210 71 What is...

What is the duration of this bond in THREE decimals? That is, if it is 4.0034,...

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Fundamentals of Corporate Finance

ISBN: 978-1260153590

12th edition

Authors: Stephen M. Ross, Randolph W Westerfield, Robert R. Dockson, Bradford D Jordan

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Posted Date: Feb 23, 2023 02:27 AM

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What is the duration of this bond in THREE decimals? That is, if it is 4.0034,...

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Fundamentals of Corporate Finance

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