Suppose you have a 4.50% coupon bond with a ytm of 2.0 percent and a term-to-maturity of
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Suppose you have a 4.50% coupon bond with a ytm of 2.0 percent and a term-to-maturity of 3 years.The bond pays its coupon ANNUALLY (once per year) and has a face value of $1,000.
What is this bond's price?What is its duration?
Related Book For
Fundamentals of Investments, Valuation and Management
ISBN: 978-1259720697
8th edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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