Question: Use the duration formula in excel, google sheets, or a financial calculator to answer the following question. What is the duration of a semi-annual coupon

Use the duration formula in excel, google sheets, or a financial calculator to answer the following question. What is the duration of a semi-annual coupon bond with coupon rate of 5%, maturity of 10 years and yield to maturity of 3%
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
