question archive What is the Macaulay duration of a 7 percent coupon bond with five years to maturity and a current price of $1,025

What is the Macaulay duration of a 7 percent coupon bond with five years to maturity and a current price of $1,025

Subject:FinancePrice:3.87 Bought7

What is the Macaulay duration of a 7 percent coupon bond with five years to maturity and a current price of $1,025.30? What is the modified duration? (Do not round intermediate calculations. Round your answers to 3 decimal places.)

Option 1

Low Cost Option
Download this past answer in few clicks

3.87 USD

PURCHASE SOLUTION

Option 2

Custom new solution created by our subject matter experts

GET A QUOTE

rated 5 stars

Purchased 7 times

Completion Status 100%

Related Questions