Multiple Answer Question 8

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Question # 00114363 Posted By: yolypeiba Updated on: 10/08/2015 05:39 PM Due on: 10/08/2015

Subject Economics Topic Financial Markets Tutorials:

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Please provide detailed process for selected answer:

A bond has 4 years to maturity, a coupon of 6 percent paid annually and currently sells at par. What is the duration of the bond?

a)	3.67 years

b)

4.6 years

c)	3.82 years

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score 3 · Accepted Answer · 10/08/2015 06:30 PM

Solution: A bond has 4 years to maturity

Tutorial # 00108786 Posted By: neil2103 Posted on: 10/08/2015 06:30 PM

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