A bond is priced at 1169 and has a YTM of 0.055 when interest rates suddenly change by -80 basis points. The bond's price changes to 1213 Calculate the duration for this bond. 5.2292 4.9636 O 5.9067 O 5.7454 5.5295
A bond is priced at 1169 and has a YTM of 0.055 when interest rates suddenly change by -80 basis points. The bond's price changes to 1213 Calculate the duration for this bond. 5.2292 4.9636 O 5.9067 O 5.7454 5.5295
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Question

Transcribed Image Text:A bond is priced at 1169 and has a YTM of
0.055 when interest rates suddenly change by
-80 basis points. The bond's price changes to
1213
Calculate the duration for this bond.
5.2292
4.9636
O 5.9067
O 5.7454
5.5295
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