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

## Answer This Question

## Related Questions

- Finance - A bond currently sells for $1,120, which gives it a yield to maturity ...
- investment and real estate analysis - A 9-year bond has a yield of 6.0% and a ...
- fin - Which of the following statements is CORRECT? (Points : 10) If a bond is ...
- Finance - Which of the following statments is CORRECT? a. Assume that two bonds ...
- Corporate Finance - The yield-to-maturity on a bond is the interest rate you ...
- finance - The Corner Grocer has a 7-year, 6 percent annual coupon bond ...
- finance - the corner grocer has a 7-year, 6 percent annual coupon bond ...
- finance - the corner grocer has a 7-year, 6 percent annual coupon bond ...
- FINANCE - Current yield and yield to maturity A bond has a $1,000 par value, 10 ...
- Finance - Bond Yields. An AT&T bond has 10 years until maturity, a coupon rate ...

More Related Questions