Question: Find the duration in EXCEL Par Value 1000 t CF(t) PV of CF(t) t x PV of CF(t) Coupon rate 5% 1 25 $24.39 $24.39

Find the duration in EXCEL

Par Value 1000 t CF(t) PV of CF(t) t x PV of CF(t)
Coupon rate 5% 1 25 $24.39 $24.39
YTM 5% 2 25 $23.80 $47.59
Years to Maturity 3 3 25 $23.21 $69.64
4 25 $22.65 $90.60
PV $1,000.00 5 25 $22.10 $110.48
6 1025 $883.85 $5,303.13
Duration ?

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