Calculate the duration of a three-year bond with a face value of $1000 with a coupon rate

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Calculate the duration of a three-year bond with a face value of $1000 with a coupon rate of 10% p.a. paid annually, assuming the current market yield is 8% p.a.

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Investments Analysis and Management

ISBN: 978-1118363294

12th edition

Authors: Charles P. Jones

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Posted Date: Apr 29, 2023 10:04 AM

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Calculate the duration of a three-year bond with a face value of $1000 with a coupon rate

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Duration is a measure of the bonds sensitivity to changes in interest rates It tells us how much the ... View the full answer

Investments Analysis and Management

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