Calculate the macaulay duration d07 infinity and the


The current price of a bond having annual coupons is $1,312. The derivative of the price function of the bond with respect to the yield to maturity is -$7,443.81 when evaluated at the current annual yield, which is 7%.

Calculate the Macaulay duration D(.07, infinity) and the modified duration D(.07, 1) of the bond.

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Calculate the macaulay duration d07 infinity and the
Reference No:- TGS02868621

Expected delivery within 24 Hours