Find the duration of a bond with settlement date june 16


Find the duration of a bond with settlement date June 16, 2016, and maturity date December 25, 2025. The coupon rate of the bond is 5%, and the bond pays coupons semiannually. The bond is selling at a yield to maturity of 6%. (Do not round intermediate calculations. Round your answers to 4 decimal places.) Macaulay duration Modified duration.

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Financial Management: Find the duration of a bond with settlement date june 16
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