Question: Problem 3 - 3 7 ( LG 3 - 7 ) a . What is the duration of a zero - coupon bond that has

Problem 3-37(LG 3-7)
a. What is the duration of a zero-coupon bond that has ten years to maturity?
b. What is the duration if the maturity increases to 11 years?
c. What is the duration if the maturity increases to 12 years?
\table[[,,],[a.,Duration of the bond,,years],[b.,Duration of the bond,,years],[c.,Duration of the bond,,years]]
Problem 3-37(LG 3-7) a. What is the duration of a zero-coupon

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