What is the ytm of the bond what is the macaulay duration


Suppose a bond has a 6% coupon rate and pays coupons semiannually, the current price is $883 and the par value is $1000. The bond has 4 years remaining until maturity.

a. What is the YTM of the bond?

b. What is the Macaulay duration of the bond?

c. What is the modified duration of the bond?

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Financial Management: What is the ytm of the bond what is the macaulay duration
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