9) Consider a six-year annual bond paying a 5% coupon, with a yield to maturity of 4.5%. What is the duration of the bond? A) 4.925 B) 5.152 C) 5.339 D) 5.787

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter4: Bond Valuation
Section: Chapter Questions
Problem 12P: Bond Yields and Rates of Return A 10-year, 12% semiannual coupon bond with a par value of 1,000 may...
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9) Consider a six-year annual bond paying a 5% coupon, with a yield to maturity of 4.5%. What is the duration of the bond? A) 4.925 B) 5.152 C) 5.339 D) 5.787
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