Calculate the duration of a 1000 6 coupon bond with three, Ask an Expert

Economics

A 10-year, 7% coupon bond with a face value of $1,000 is currently selling for $871.65. Compute your rate of return if you sell the bond next year for $880.10.

find out the duration of a $1,000 6% coupon bond with three years to maturity. Assume that all market interest rates are 7%.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M975516

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