Multiple Choice
Calculate the duration of a two-year corporate bond paying 6 percent interest annually, selling at par.Principal of $20,000,000 is due at the end of two years.
A) 2 years.
B) 1.91 years.
C) 1.94 years.
D) 1.49 years.
E) 1.75 years.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q27: What is the weighted average duration of
Q28: Managers can achieve the results of duration
Q29: In duration analysis, the times at which
Q30: What will be the impact, if any,
Q31: Duration is equal to maturity when at
Q33: A bond is scheduled to mature in
Q34: The economic interpretation of duration is<br>A)the percentage
Q35: Duration is related to maturity in a
Q36: The fact that the capital gain effect
Q37: What is the effect of a 100