Calculate the Duration of a Five-Year Bond with Face Value

question 42

Multiple Choice

Calculate the duration of a five-year bond with face value $1000,fixed coupon of 8% per annum,with current market yields of 9%.

• A) 4.13 years
• B) 4.30 years
• C) 4.72 years
• D) 5.00 years

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Team Building

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