Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. please show steps on how i got this correct answer

please show steps on how I got this correct answer. What...

60.1K

Verified Solution

Question

Finance

please show steps on how I got this correct answer.
image
What is the duration of a consol bond that sells at a yield to maturity of 8 percent? 12 percent? 13.5 years; 11 years 13.5 years; 9.33 years 12.5 years: 8.33 years 11 years: 9.33 years 12.5 years: 10 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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A company produces a special new type of TV. The company has fixed costs of $471,000...

Basic Math
Q

What effects does drug addiction have on SOCIETY, including family and friends?( 8pts) Explain each.

Biology
Q

matlab code that performs overlap add method.

Electrical Engineering
Q

Find the measure of angle x if possible Notice that is an obtuse angle Round...

Geometry
Q

The data in the table below represents the percentage of patients who have survived after...

Statistics
Q

Let V 1 2 3 n Let X i j i je V and are...

Calculus
Q

CO A student is designing an experiment about cell size in organisms of different sizes...

Algebra
Q

Answer the following questions utilizing EDGAR website for Coca Cola and PepsiCo.... 1.What are...

Accounting
Q

A balance sheet reflects a. Revenues, expenses and dividends b. Expenses, dividends and equity c....

Accounting
Q

Cash Flows from (Used for) Operating Activities The income statement disclosed the following...

Accounting
Q

E12-19A (Learning Objective 3: Compute cash flows from operating activities

Accounting
Q

Determine the amount of taxable scholarship income for each taxpayer. 1. Barbara Bui is a...

Accounting