A 10% coupon corporate bond maturing in 2 years is selling at $1,040. What is the duration

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A 10% coupon corporate bond maturing in 2 years is selling at $1,040. What is the duration of this bond?

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Personal Finance

ISBN: 978-1133595830

12th edition

Authors: Thomas Garman, Raymond Forgue

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Posted Date: Feb 28, 2024 02:17 AM

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A 10% coupon corporate bond maturing in 2 years is selling at $1,040. What is the duration

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Duration measures the sensitivity of a bonds price to changes in interest rates To calculate the dur... View the full answer

Personal Finance

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