A 3 year, 1000 par value bond has 8% annual coupons and an annual effective yield of

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A 3 year, 1000 par value bond has 8% annual coupons and an annual effective yield of 7%. Find the Macaulay duration of this bond.

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Derivatives Markets

ISBN: 9789332536746

3rd Edition

Authors: Robert McDonald

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Posted Date: Mar 10, 2024 03:25 AM

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A 3 year, 1000 par value bond has 8% annual coupons and an annual effective yield of

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Lets calculate the Macaulay duration of the bond step by step Given Face value par value of the ... View the full answer

Derivatives Markets

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