A semiannual payment bond with a $1,000 par has a 7 percent quoted coupon rate, a...

A semiannual payment bond with a $1,000 par has a 7 percent quoted coupon rate, a 7 percent promised YTM, and 10 years to maturity. Find the bond's duration.

please show in excel

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Expert Solution

Duration of the bond = 7.35 years Answer

jeff jeffy answered 1 year ago

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