Top Posters
Since Sunday
g
2
Home Q & A Board Other Fields Homework Help Business Finance
New Topic  
sanimkyei sanimkyei
wrote...
Go to Answer
Posts: 169
Rep: 0 0
3 years ago
A $1,000 par value, 7% annual coupon bond matures in 4 years. The bond is currently priced at $1,034.65 and has a YTM of 6.0%. What is the Macaulay duration?

▸ 3.41 years

▸ 3.63 years

▸ 3.28 years

▸ 4.00 years
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
Read 86 times
1 Reply
Replies
Answer verified by a subject expert
sbbaltsbbalt
wrote...
#1
Posts: 147
Rep: 0 0
3 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

sanimkyei Author
wrote...

3 years ago
Just got PERFECT on my quiz
jmelchor77
wrote...

Yesterday
This site is awesome
sakoon
wrote...

2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
New Topic      
Quick Reply
Bold
Italic
Underline
Strikethrough
Subscript
Superscript
Insert Math Equation
Font Name
Font Color
Align left
Center
Align right
Bullet list
Numbered list
Insert a horizontal rule
Insert a table
Insert a Quote
View source
Explore
Post your homework questions and get free online help from our incredible volunteers
  1707 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 863
  
 754
  
 947
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 798
Previous poll results: Where do you get your textbooks?