Find the duration of a 6 coupon bond making annual coupon


Find the duration of a 6% coupon bond making annual coupon payments if it has three years until maturity and a yield to maturity of 7.9%. What is the duration if the yield to maturity is 11.9%? (Do not round intermediate calculations. Round your answers to 4 decimal places.

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Financial Management: Find the duration of a 6 coupon bond making annual coupon
Reference No:- TGS01367580

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