an investor buys a 7% semi-annual payment bond with three years to maturity. the bond has a
Fantastic news! We've Found the answer you've been seeking!
Question:
an investor buys a 7% semi-annual payment bond with three years to maturity. the bond has a yield to maturity to 8.5% and is currently priced at 96.100 per 100 of par. calculate the bonds macaulay duration
Posted Date: