What is the duration of the following bond: $1,000 par value, 6% annual coupon, 4 years to

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What is the duration of the following bond: $1,000 par value, 6% annual coupon, 4 years to maturity, and yield to maturity of 6.5%?

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Essentials of Investments

ISBN: 978-0077835422

10th edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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Posted Date: Mar 27, 2024 06:17 AM

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What is the duration of the following bond: $1,000 par value, 6% annual coupon, 4 years to

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To calculate the duration of a bond you need to know the bonds cash flows coupon payments and the final principal payment the time period until each c... View the full answer

Essentials of Investments

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