Tuesday
September 30, 2014

Homework Help: investment

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?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Finance - A bond currently sells for $1,120, which gives it a yield to maturity ...
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 ...
FINANCE - Current yield and yield to maturity A bond has a $1,000 par value, 10 ...
Finance - A bond has a $l000 par value, l0 years to maturity, a 7 percent annual...
Corporate Finance - The yield-to-maturity on a bond is the interest rate you ...
investment and real estate analysis - A 9-year bond has a yield of 6.0% and a ...
Math - Go to Table 10-1 which is based on bonds paying 10 percent interest for ...
Accounting - Go to Table 10-1 which is based on bonds paying 10 percent interest...
Finance - Bond Yields. An AT&T bond has 10 years until maturity, a coupon rate ...

Search
Members