Consider a $1,000 par value bond with a 8% coupon rate, semi-annual payments, 7 years to maturity

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Consider a $1,000 par value bond with a 8% coupon rate, semi-annual payments, 7 years to maturity and a yield to maturity of 3%. What is the Macaulay duration?

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Pricing Strategies A Marketing approach

ISBN: 978-1412964746

1st edition

Authors: Robert M. Schindler

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Posted Date: Aug 12, 2022 03:29 AM

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Consider a $1,000 par value bond with a 8% coupon rate, semi-annual payments, 7 years to maturity

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Pricing Strategies A Marketing approach

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