Calculate the duration using a five year bond selling for $1,084 25, paying interest annually, with a face value of $1,000, an annual coupon rate of 8 , and a yield to maturity (YTM) of 6 Yield to Matur (YTM) Period (NPER) Cash Flow (FV) $ 1 2 6 00 3 4 5 PV of CF YTM $ PV Duration of the Bond (D) ...

Calculate the duration using a five-year bond selling for $1,084.25, paying interest annually, with a face...

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Principles Of Managerial Finance

ISBN: 978-0136119463

13th Edition

Authors: Lawrence J. Gitman, Chad J. Zutter

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Calculate the duration using a five-year bond selling for $1,084.25, paying interest annually, with a face...

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