Find the duration of a 4.0% coupon bond making semiannually coupon payments if it has three years until maturity and has a yield to maturity of 6.0%. What is the duration if the yield to maturity is 6.0% ? Note: The face value of the bond is $100. (Do not round Intermediate calculations. Round your answers to 4 decimal places.) 6% YTM 6% YTM Years Years
Find the duration of a 4.0% coupon bond making semiannually coupon payments if it has three years until maturity and has a yield to maturity of 6.0%. What is the duration if the yield to maturity is 6.0% ? Note: The face value of the bond is $100. (Do not round Intermediate calculations. Round your answers to 4 decimal places.) 6% YTM 6% YTM Years Years
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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maturity of 6.0%. What is the duration if the yield to maturity is 6.0% ? Note: The face value of the bond is $100. (Do not round
Intermediate calculations. Round your answers to 4 decimal places.)
6% YTM
6% YTM
Years
Years"
Transcribed Image Text:Find the duration of a 4.0% coupon bond making semiannually coupon payments if it has three years until maturity and has a yield to
maturity of 6.0%. What is the duration if the yield to maturity is 6.0% ? Note: The face value of the bond is $100. (Do not round
Intermediate calculations. Round your answers to 4 decimal places.)
6% YTM
6% YTM
Years
Years
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