Consider a four year annual bond paying a 7% coupon, with a yield to maturity of 6.0%. What is the duration of the bond? Multiple Choice 3.631 3.785 3.814 3.965

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter4: Bond Valuation
Section: Chapter Questions
Problem 8MC: Suppose a 10-year, 10% semiannual coupon bond with a par value of 1,000 is currently selling for...
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Consider a four year annual bond paying a 7% coupon, with a yield to maturity of 6.0%. What is the duration of the bond?
Multiple Choice
O
O
O
3.631
3.785
3.814
3.965
Transcribed Image Text:Consider a four year annual bond paying a 7% coupon, with a yield to maturity of 6.0%. What is the duration of the bond? Multiple Choice O O O 3.631 3.785 3.814 3.965
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