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Q.consider a bond that has a coupon rate of 7.5 percent semi-annually,5 years to maturity, and is currently priced to yield 7.5%,calculate Macaulay duration.

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 8MC: Suppose a 10-year, 10% semiannual coupon bond with a par value of 1,000 is currently selling for...

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Q.consider a bond that has a coupon rate of 7.5 percent semi-annually,5 years to maturity, and is currently priced to yield 7.5%,calculate Macaulay duration.

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