Question: Given a 3 year bond, , 1 0 . 5 % , $ 1 0 0 0 bond, with a 8 . 5 % YTM

Given a 3 year bond, ,10.5%, $ 1000 bond, with a 8.5% YTM, What is this bond's duration ?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!