Investments, 11th Edition (exclude Access Card)
Investments, 11th Edition (exclude Access Card)
11th Edition
ISBN: 9781260201543
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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