Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

A bond currently sells for $1,275, which gives it a yield to maturity of 5%. Suppose that if the yield increases by 34 basis points, the price of the bond falls to $1,241.

Required:

What is the duration of this bond? (Round your answer to 2 decimal places.)

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M945143

Have any Question? 


Related Questions in Basic Finance

What is the yield to call of a 20 year to maturity bond

What is the yield to call of a 20 year to maturity bond that pays a 11.13 percent per year, has a $1,000 par value and is currently priced at $1,143? The bond can be called back in 5 years at a call price $1,083. Assume ...

1 how is a hazard different from a disaster2 what is the

1. How is a hazard different from a disaster? 2. What is the most frequent and widespread disaster-causing hazard? 3. What scale is commonly used to describe the effects of earthquakes? 4. How are earthquakes measured?

1 when are correlational research designs used in

1. When are correlational research designs used in behavioral research? What are their advantages and disadvantages? 2. What are a linear relationship and a curvilinear relationship? What does it mean if two variables ar ...

What is the primary role of the bolts in a bolted joint why

What is the primary role of the bolts in a bolted joint? Why do many designers of safety related joints, and most codes, favor joints that could support four or more times the anticipated service loads? You have roughed ...

1 what is the importance of bond ratings2 discuss the

1. What is the importance of bond ratings? 2. Discuss the relevance of the different types of yields. 3. Discuss how the use of the concepts, convexity, and duration, can assist investors in the management of their bond ...

1 explain the origin and purpose of real estate investment

1. Explain the origin and purpose of Real Estate Investment Trusts. 2. Name three primary market lenders that are not subject to banking regulations. 3. Describe a warehouse line of credit and who may use it. 4. Are ther ...

1 what factors should be considered when doing a

1. What factors should be considered when doing a cost-benefit analysis of a proposed study? 2. What is the purpose of the Institutional Review Board? 3. When is it not necessary to obtain informed consent?

1 how can strategic procurement contribute to the quality

1. How can strategic procurement contribute to the quality of products produced by a manufacturing organization? 2. Explain the rationale underlying volume consolidation. What are the risks associated with using a single ...

Before entering graduate school a student estimated the

Before entering graduate school, a student estimated the value of earning an MBA at $300,000. Based on that analysis, the student decided to go back to school. After completing the fi rst year, the student ran the NPV ca ...

An exhaust stream leaving a semiconductor fabrication plant

An exhaust stream leaving a semiconductor fabrication plant contains 4 mol % volatile organic chemical, VOC, pollutant. Twenty-five cubic meters per minute enter the bottom of a packed absorption tower and flows counterc ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen