To finance a new Fab in Arizona, TSM issued an 8 year, 5 75 coupon bond with semi annual coupon payments The current YTM is 6 5 What is the duration of this bond and how much will the price change if YTM goes up by 1 using the duration approximation method you've learned in this class To finance a...

To calculate the duration of a bond we need to use the formula Duration 1 YTM1 C11 YTM C21 YTM2 Cn1 ...

To finance a new Fab in Arizona, TSM issued an 8-year, 5.75% coupon bond with semi-annual...

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Fundamentals of Corporate Finance

ISBN: 978-1260153590

12th edition

Authors: Stephen M. Ross, Randolph W Westerfield, Robert R. Dockson, Bradford D Jordan

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To finance a new Fab in Arizona, TSM issued an 8-year, 5.75% coupon bond with semi-annual...

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Fundamentals of Corporate Finance

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