a. What is the duration of a two-year bond that pays an annual coupon of...
50.1K
Verified Solution
Link Copied!
Question
Accounting
a. What is the duration of a two-year bond that pays an annual coupon of 10.2 percent and has a current yield to maturity of 12.2 percent? Use $1,000 as the face value. (Do not round intermediate calculations. Round your answer to 4 decimal places. (e.g., 32.1616)) b. what is the duration of a two-year zero-coupon bond that is yielding 11.5 percent? use $1,000 as the face value. a. Duration years b. Duration years
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
