Calculate the requested measures for bond X, which pays interest semiannually: Bond X Coupon 6% Yield...

Calculate the requested measures for bond X, which pays interest semiannually:

	Bond X
Coupon	6%
Yield to maturity	7%
Maturity (years)	4
Par	100.00
Price	96.563

What is the price value of a basis point?
Compute the Macaulay duration.
Compute the modified duration.

Solutions

Expert Solution

Formula:

jeff jeffy answered 1 year ago

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