PROBLEM 4 03/15/22 03/15/37 6.00% Settlement Date Maturity Date Coupon Rate Required Return (ΥT ) Face Value 7.50% 1000 Semi-Annual Interest Payment Frequency Basis a) Given the Yield to aturity (YTM); calculate e price of the bond using RICE' function in Excel. (b) Calculate the "Duration" of the bond NO

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
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PROBLEM 4
03/15/22
03/15/37
6.00%
Settlement Date
Maturity Date
Coupon Rate
Required Return
(YTM)
Face Value
Frequency
Basis
7.50%
1000
Semi-Annual Interest Payment
(a) Given the Yield to
Maturity (YTM); calculate
the price of the bond using
PRICE' function in Excel.
(b) Calculate the "Duration" of the bond
NO
Transcribed Image Text:PROBLEM 4 03/15/22 03/15/37 6.00% Settlement Date Maturity Date Coupon Rate Required Return (YTM) Face Value Frequency Basis 7.50% 1000 Semi-Annual Interest Payment (a) Given the Yield to Maturity (YTM); calculate the price of the bond using PRICE' function in Excel. (b) Calculate the "Duration" of the bond NO
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