The duration of a 15 year zero coupon bond priced at $182.70 is:
A) 2.74 years.
B) 15 years.
C) 17.74 years.
D) cannot determine without the interest rate.
E) None of these.
Correct Answer:
Verified
Q24: A savings and loan has extremely long-term
Q25: Duration of a coupon paying bond is:
A)
Q26: To protect against interest rate risk,the mortgage
Q27: A set of bonds all have the
Q28: When interest rates shift,the price of zero
Q30: If a financial institution has equated the
Q31: A bond manager who wishes to hold
Q32: A financial institution can hedge its interest
Q33: An inverse floater and a super-inverse floater
Q34: Exotic derivatives are complicated blends of other
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents