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Author Question: A $1,000 par value, 7% annual coupon bond matures in 4 years. The bond is currently priced at ... (Read 383 times)

Bobvance

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Question 1

A $1,000 par value, 7% annual coupon bond matures in 4 years. The bond is currently priced at $1,034.65 and has a YTM of 6.0%. and has a Macaulay duration of 3.61 years.  What is the modified duration?
◦ 3.63 years
◦ 3.41 years
◦ 3.18 years
◦ 4.04 years

Question 2

A $1,000 par value, 7% annual coupon bond matures in 4 years. The bond is currently priced at $1,034.65 and has a YTM of 6.0%. What is the Macaulay duration?
◦ 3.41 years
◦ 3.63 years
◦ 3.28 years
◦ 4.00 years


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Marked as best answer by Bobvance on Mar 29, 2022

3ginamay

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Bobvance

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Reply 2 on: Mar 29, 2022
YES! Correct, THANKS for helping me on my review


amandanbreshears

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Reply 3 on: Yesterday
Excellent

 

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