An investor wants to find the duration of a ( n ) 2 5 - year, 7
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An investor wants to find the duration of anyear, semiannual pay, noncallable bond that's currently priced in the market at $ to yield Using a basis point change in yield, find the effective duration of this bond Hint: use Equation
Related Book For
Fundamentals of Investing
ISBN: 978-0133075359
12th edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
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