What is the bond's Macaulay duration of a2.5 years, 8 percent semiannual coupon bond selling at par

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What is the bond's Macaulay duration of a2.5 years, 8 percent semiannual coupon bond selling at par of $1,000?

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Financial Institutions Management A Risk Management Approach

ISBN: 978-0071051590

8th edition

Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders

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Posted Date: May 11, 2024 01:49 PM

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What is the bond's Macaulay duration of a2.5 years, 8 percent semiannual coupon bond selling at par

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The Macaulay duration of a bond is the weighted average time until the bonds cash flows are received ... View the full answer

Financial Institutions Management A Risk Management Approach

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