Whats is the approximate modified duration of the bond assuming a 50 np change in its annual

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Whats is the approximate modified duration of the bond assuming a 50 np change in its annual yield-to-maturity?

Annualized Yield. Bond's price

8.50%. 96.899

8.95%. 94.212

9.05%. 93.629

9.50%. 91.059

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Investment Analysis and Portfolio Management

ISBN: 978-0538482387

10th Edition

Authors: Frank K. Reilly, Keith C. Brown

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Posted Date: Apr 13, 2023 02:51 AM

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Whats is the approximate modified duration of the bond assuming a 50 np change in its annual

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To calculate the approximate modified duration of a bond we can use the following formula Modified D... View the full answer

Investment Analysis and Portfolio Management

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