Calculate the modified duration? Issue Price Yield to maturity US Treasury bond 15 4/5% maturing 3 July, 2030 1000 15.8% No of years = 5 years ( July 3, 2025) One US Treasury bonds futures contract is a claim on $ 1,000,000 par value long-term US Treasury bonds
Calculate the modified duration? Issue Price Yield to maturity US Treasury bond 15 4/5% maturing 3 July, 2030 1000 15.8% No of years = 5 years ( July 3, 2025) One US Treasury bonds futures contract is a claim on $ 1,000,000 par value long-term US Treasury bonds
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 9P: Bond Valuation and Interest Rate Risk The Garraty Company has two bond issues outstanding. Both...
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Calculate the modified duration?
Issue |
Price |
Yield to maturity |
US Treasury bond 15 4/5% maturing 3 July, 2030 |
1000 |
15.8% |
No of years = 5 years ( July 3, 2025)
One US Treasury bonds futures contract is a claim on $ 1,000,000 par value long-term US Treasury bonds
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