Posted by ben 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  Anonymous, Thursday, April 10, 2014 at 9:56pm
20