Compute the duration of a 9% coupon, 4-year corporate bond with a yield to maturity of 8%.

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter6: Bonds (debt) - Characteristics And Valuation
Section: Chapter Questions
Problem 10PROB
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Question 1
Compute the duration of a 9% coupon, 4-year corporate bond with a yield to maturity of 8%.
Transcribed Image Text:Question 1 Compute the duration of a 9% coupon, 4-year corporate bond with a yield to maturity of 8%.
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