A semiannual payment bond with a $1,000 par has a 7 percent quoted coupon rate, a 7 percent promised 14 YTM, and 10 years to maturity. What is the bond's duration? Multiple Choice 10.00 years 8.39...

A semiannual payment bond with a $1,000 par has a 7 percent quoted coupon rate, a 7 percent promised<br>14<br>YTM, and 10 years to maturity. What is the bond's duration?<br>Multiple Choice<br>10.00 years<br>8.39 years<br>6.45 years<br>5.20 years<br>7.35 years<br>Next ><br>of 20<br>

Extracted text: A semiannual payment bond with a $1,000 par has a 7 percent quoted coupon rate, a 7 percent promised 14 YTM, and 10 years to maturity. What is the bond's duration? Multiple Choice 10.00 years 8.39 years 6.45 years 5.20 years 7.35 years Next > of 20

Jun 08, 2022

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A semiannual payment bond with a $1,000 par has a 7 percent quoted coupon rate, a 7 percent promised 14 YTM, and 10 years to maturity. What is the bond's duration? Multiple Choice 10.00 years 8.39...

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