Assume that the price of security is $1000 and the duration of the security is 6.763 years.

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Assume that the price of security is $1000 and the duration of the security is 6.763 years. The current yield to the maturity is 10% and Coupons are paid semi-annually, what should be the dollar duration?

Related Book For answer-question

Fundamentals of Investments Valuation and Management

ISBN: 978-0077283292

5th edition

Authors: Bradford D. Jordan, Thomas W. Miller

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Posted Date: May 22, 2023 03:26 AM

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Assume that the price of security is $1000 and the duration of the security is 6.763 years.

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The dollar duration of a bond measures its interest rate risk rep... View the full answer

Fundamentals of Investments Valuation and Management

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