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Calculate the modified duration? Issue Price Yield to maturity US Treasury bond 15 4/5% maturing 3 July, 2030 1000 15.8% No of years = 5 years ( July 3, 2025) One US Treasury bonds futures contract is a claim on $ 1,000,000 par value long-term US Treasury bonds

Calculate the modified duration? Issue Price Yield to maturity US Treasury bond 15 4/5% maturing 3 July, 2030 1000 15.8% No of years = 5 years ( July 3, 2025) One US Treasury bonds futures contract is a claim on $ 1,000,000 par value long-term US Treasury bonds

Essentials Of Investments
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
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Calculate the modified duration?

Issue

Price

Yield to maturity

US Treasury bond 15 4/5% maturing 3 July, 2030

1000

15.8%

No of years = 5 years ( July 3, 2025)

One US Treasury bonds futures contract is a claim on $ 1,000,000 par value long-term US Treasury bonds

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