Answered: Bond duration Settlement date Maturity…

Bond duration Settlement date Maturity date Coupon rate (decimal) YTM Coupons per year Macaulay duration Modified duration 7/20/2020 7/20/2023 8.00% 10.00% 1 % =DURATION =MDURATION

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Question

2
3
Į
Using Excel functions to compute duration
Bond duration
Settlement date
Maturity date
Coupon rate (decimal)
YTM
Coupons per year
Macaulay duration
Modified duration
7/20/2020
7/20/2023
8.00%
10.00%
1
%
=DURATION
=MDURATION

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