Using a twoyear semiannual 8% coupon bond, 1000 par, with a 5% YTM. For thisquestion find all answers to at least the 6thdecimal place. Calculate duration and modified 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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Using a twoyear semiannual 8% coupon bond, 1000 par, with a 5% YTM. For thisquestion find all answers to at least the 6thdecimal place.

Calculate duration and modified duration

 
 
 
 
 
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