Consider a security with a face value of $100 000, which is to be repaid at maturity. The security pays an annual coupon of 8% and has a maturity of three years. The current discount rate is 10%. What is the security's duration (round to two decimals)?
Recently Asked Questions
- Explain: Introduction and abstract about Network Intrusion Detection & Intrusion Prevention System? (IDS & IPS) 1- Introduction? 2- Abstract?
- Identify five(5)major marketing concepts that every marketing manager must know.Also, define marketing andidentify a company that you believe embodies this
- this is my last test question. do not answer this question. you will not get $$$