Duration for bonds, A bondholder owns 15-year government

Duration for bonds

Reference no: EM1338556

A bondholder owns 15-year government bonds with a $1 million face value and a 6% annual coupon rate that id paid semiannually. The bonds are currently quoted at 110 per $100 par with a asked yield of 5.034%. What is the duration of the bonds?

Reference no: EM1338556

Questions Cloud

One of the components is bovine serum albumin : I am conducting an activity assay to assess the Enzymatic Hydrolysis of 4-Nitrophenyl ?-D-Glucopyranoside by ?-D-Glucosidase. I am happy with the assay, though one of the components is bovine serum albumin ( 0.2% solution in phosphate buffer, to w..

Treasury bonds and current yield : A treasury bond is quoted at a price of 106:23 with a 3.50 percent coupon. The bond pays interest semi-annually. Find out the current yield on one of these bonds?

Later henry ford invented the assembly line : Later Henry ford invented the assembly line for manufacturing automobiles, other automobile firms copied his invention.

Individual capital balances of remaining partners : After the withdrawal, what are the individual capital balances of the remaining partners?

Duration for bonds : A bondholder owns 15-year government bonds with a $1 million face value and a 6% annual coupon rate that id paid semiannually. What is the duration of the bonds?

Why motifs are found in many proteins : The same domains and/or motifs are found in many proteins. In fact, a protein's tertiary structure is more conserved (stays the same or same over many generations) than its amino acid structure.

Explaining the qualities of ideal political leader : Citing specific evidence from Machiavelli's The Prince: identify, and briefly explain, the qualities of the ideal political leader.

The industry financial performance had not be ideal : The industry financial performance had not be ideal last year and Jackson feared that taking this action would cause the financial statements to be even worse.

Global business environment : Discuss how is strategy formulation different in the global business environment.

User Account

All Pages