Question:Corp’s 10 year bonds have 8 years left to maturity and offer a
coupon rate of...
Question
Corp’s 10 year bonds have 8 years left to maturity and offer a
coupon rate of...
Corp’s 10 year bonds have 8 years left to maturity and offer a
coupon rate of 8.5%. The yield to maturity on Corp’s bonds is 9.5%.
What is the duration for the bond?