Find the duration of a bond with settlement date may 27, Ask an Expert

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Find the duration of a bond with settlement date May 27, 2012, and maturity date November 15, 2021. The coupon rate of the bond is 7%, and the bond pays coupons semiannually. The bond is selling at a yield to maturity of 8%. Find Macaulay duration and Modified duration.

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Category:- Basic Finance
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