Question: does anyone know how to solve this? I have tried everything, your help would be appreciated. Thank you a. What is the duration of a
does anyone know how to solve this? I have tried everything, your help would be appreciated. Thank you
| a. | What is the duration of a four-year Treasury bond with a 13 percent semiannual coupon selling at par? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16)) |
| Duration of the bond | years |
| b. | What is the duration of a three-year Treasury bond with a 13 percent semiannual coupon selling at par? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16)) |
| Duration of the bond | years |
| c. | What is the duration of a two-year Treasury bond with a 13 percent semiannual coupon selling at par? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16)) |
| Duration of the bond | years |
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