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A bond has a coupon rate of 6.5 percent and 5 years to maturity. It has...

  1. A bond has a coupon rate of 6.5 percent and 5 years to maturity. It has a yield to maturity of 8 percent and is selling in the market for $940.11. This bond has a face value of $1000. What is the duration of this bond?

  1. Suppose the Augustina National Bank has assets with a duration of 6 years and liabilities with a duration of 3.0 years. This bank has $200 million in assets and $180 million in liabilities. What is the leverage adjusted duration gap of this bank?

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jeff jeffy answered 2 years ago
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