What is the duration of a bond with three years to maturity


What is the duration of a bond with three years to maturity and a coupon of 7.9 percent paid annually if the bond sells at par? (Do not round intermediate calculations and round your final answer to 5 decimal places. (e.g., 32.16161))

Request for Solution File

Ask an Expert for Answer!!
Operation Management: What is the duration of a bond with three years to maturity
Reference No:- TGS01264772

Expected delivery within 24 Hours