Which of the Following Is Closest to the Duration of a 2-Year

question 1

Multiple Choice

Which of the following is closest to the duration of a 2-year bond that pays a coupon of 8% per annum semiannually? The yield on the bond is 10% per annum with continuous compounding.

• A) 1.82
• B) 1.85
• C) 1.88
• D) 1.92

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Definitions:

Professional and Respectful

A demeanor or approach in workplace interactions that encompasses both a high level of competence in one's duties and courteous treatment towards others.

Health Care Team

A group of professionals from various disciplines providing comprehensive care, typically including doctors, nurses, therapists, and support staff.

Communications

The process of transferring information from one entity to another through various means.

Abnormal Results

Test outcomes that fall outside the normal reference range, indicating a possible disease or condition that requires further investigation.