Multiple Choice
$1,000 face value, 9% annual coupon, 5 year maturity, 10% rate
-What is the duration of the bond?
A) 4.677 years.
B) 5.000 years.
C) 4.674 years.
D) 4.328 years.
E) 4.223 years
Correct Answer:
Verified
Related Questions
$1,000 face value, 9% annual coupon, 5 year maturity, 10% rate
-What is the duration of the bond?
A) 4.677 years.
B) 5.000 years.
C) 4.674 years.
D) 4.328 years.
E) 4.223 years
Correct Answer:
Verified