Which comes closest to the duration for the following bond: 8% annual coupon bond with 2 years
Fantastic news! We've Found the answer you've been seeking!
Question:
Which comes closest to the duration for the following bond: 8% annual coupon bond with 2 years until maturity with YTM=10% and face value = 1000).
1
2
1.92
1.52
Related Book For
Introduction to Operations Research
ISBN: 978-1259162985
10th edition
Authors: Frederick S. Hillier, Gerald J. Lieberman
Posted Date: