Find the duration of a 7 coupon bond making annual coupon, Financial Management

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Find the duration of a 7 coupon bond making annual coupon

Find the duration of a 7% coupon bond making annual coupon payments if it has three years until maturity and a yield to maturity of 6.4%. What is the duration if the yield to maturity is 10.4%? (Do not round intermediate calculations. Round your answers to 4 decimal places.)

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Financial Management: Find the duration of a 7 coupon bond making annual coupon

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Financial Management: Find the duration of a 7 coupon bond making annual coupon

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