Multiple Choice
What is the duration of an 8 percent annual payment two-year note that currently sells at par?
A) 2 years.
B) 1.75 years.
C) 1.93 years.
D) 1.5 years.
E) 1.97 years.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q14: Calculating modified duration involves<br>A)dividing the value of
Q15: In most countries FIs report their balance
Q16: One method of changing the positive leverage
Q17: Investing in a zero-coupon asset with a
Q18: What is the FI's interest rate risk
Q20: Using a fixed-rate bond to immunize a
Q21: What is this bank's interest rate risk
Q22: Use the duration model to approximate the
Q23: Perfect matching of the maturities of the
Q24: Investing in a zero-coupon asset with a