INVESTMENTS (LOOSELEAF) W/CONNECT
INVESTMENTS (LOOSELEAF) W/CONNECT
11th Edition
ISBN: 9781260465945
Author: Bodie
Publisher: MCG
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Chapter 16, Problem 5PS
Summary Introduction

To calculate: Duration of the bond when coupons are remunerated semiannually.

Introduction: Duration is an average measured time until the full payment is received of the bond. The payment of bond is proportional to the weight value of the bond.

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