1. Compute the duration of a bond with a nominal value of $100 that pays a coupon of $3 every six months and has two years left until maturity. Suppose that the yield of the bond is 4%.
2. Prove proposition 10.1.
Call Us: USA +1 862 207 3288
Call Us: USA +1 862 207 3288
1. Compute the duration of a bond with a nominal value of $100 that pays a coupon of $3 every six months and has two years left until maturity. Suppose that the yield of the bond is 4%.
2. Prove proposition 10.1.