A bond currently sells for 1050 which gives it an ytm of 6


A bond currently sells for $1,050, which gives it an YTM of 6%. Suppose that if the yield increases by 25 bps, the price of the bond falls to $1,025. What is the duration of this bond?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: A bond currently sells for 1050 which gives it an ytm of 6
Reference No:- TGS01466030

Expected delivery within 24 Hours