WAY Co., issued a 5-year bond with a face value of ₱50,000 with a coupon rate of 10% on a semiannual basis and a yield to maturity of 8% per annum compounded semiannually. The Macaulay duration would be closest to 4.20. The modified duration would be closest to: a. 4.00 b. 7.88 c. 7.94 d. 8.20 e. 7.80

WAY Co., issued a 5-year bond with a face value of ₱50,000 with a coupon rate of 10% on a semiannual basis and a yield to maturity of 8% per annum compounded semiannually. The Macaulay duration would be closest to 4.20. The modified duration would be closest to: a. 4.00 b. 7.88 c. 7.94 d. 8.20 e. 7.80

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

Chapter11: Notes, Bonds, And Leases

Section: Chapter Questions

Problem 5Q

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