A risk free bond has 12 months until maturity, with a stated annual coupon rate of 4%
Fantastic news! We've Found the answer you've been seeking!
Question:
A risk free bond has 12 months until maturity, with a stated annual coupon rate of 4% paid semi-annually. Continuously-compounded interest rates are 5% for all maturities. What is the duration of the bond?
Related Book For
Posted Date: