Investments
Investments
11th Edition
ISBN: 9781259277177
Author: Zvi Bodie Professor, Alex Kane, Alan J. Marcus Professor
Publisher: McGraw-Hill Education
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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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