Friday
March 24, 2017

Post a New Question

Posted by on Thursday, March 15, 2012 at 4:23am.

A bond currently sells for $1,250, which gives it a yield to maturity of 7%. Suppose that if the yield increases by 22 basis points, the price of the bond falls to $1,228.

Required:
What is the duration of this bond?

  • investment - , Thursday, April 10, 2014 at 9:56pm

    20

Answer This Question

First Name:
School Subject:
Answer:

Related Questions

More Related Questions

Post a New Question