What is the duration of this bond

Reference no: EM13279034

A bond currently sells for $1,050, which gives it a yield to maturity of 6%. Suppose that if the yield increases by 25 basis points, the price of the bond falls to $1,025. What is the duration of this bond?

Reference no: EM13279034

Questions Cloud

Are they capitated or fee-for-service : Here are the 2011 revenues for the Wendover Group Practice Association for four different budgets (in thousands of dollars): Flexible Flexible Static Enrollment/Utilization) (Enrollment) Actual Budget Budget Budget Results $425 $200 $180 $300.

Which statement is most true about rococo architure : which statement is most true about Rococo architure?

Which court has jurisdiction : Therefore, the company attempted to move the suit from the federal court to a state court, arguing that the federal court had absolutely no jurisdiction over the case. Which court has jurisdiction? Support your answer.

Determine the childs speed at the lowest point : A 38.0-kg child swings in a swing supported by two chains, each 2.96 m long. The tension in each chain at the lowest point is 438 N. Find the child's speed at the lowest point

What is the duration of this bond : A bond currently sells for $1,050, which gives it a yield to maturity of 6%. Suppose that if the yield increases by 25 basis points, the price of the bond falls to $1,025. What is the duration of this bond?

Design the simplest circuit that counts the number of 1s : Now, we want to build a circuit that counts the number of 1s in a 6-bit unsigned numbers using full and half adder circuits as building blocks. Design the simplest circuit that can accomplish this task.

Find potential difference across each bulb : Two identical light bulbs are connected in parallel to a different source, one with E=9.0V and internal resistance 0.9 ohms. Find potential difference across each bulb

Compare the acid test ratios between 2011 and 2012 : Compare the acid test ratios between 2011 and 2012. comment on your findings.

What should be the current market price of company stock : After the $5 dividend is paid, the company expects its growth rate will remain constant at 4 percent per year forever. If BrandMart's investors demand a 12 percent rate of return, what should be the current market price of the company's stock?"

User Account

All Pages