What is the macaulay duration

Assignment Help Financial Management

Reference no: EM13725559

There is a 9 percent coupon bond with six years to maturity and a current price of $958.50. What is the dollar value of an 01 for the bond? (Round your answer to 3 decimal places. Omit the "$" sign in your response.)

You find a bond with 14 years until maturity that has a coupon rate of 8.2 percent and a yield to maturity of 9.6 percent. What is the Macaulay duration? The modified duration?

Reference no: EM13725559

Questions Cloud

Write an essay about the contributions of greek civilization : Write a 4 to 5 pages essay about the contributions of Greek civilization to Western civilization. Essays are double-spaced, Times New Roman 12, with normal margins.

What is their current yield : Garvin Enterprises’ bonds currently sell for $1,150. They have a 6-year maturity, an annual coupon of $85, and a par value of $1,000. What is their current yield?

Set the goals and theme of the paper : Supply Chain Article Review Paper: Select an article from the University Library or an academic/business trusted internet source on the role of supply chains in marketing. Set the goals and theme of the paper

Biggest new technology : Question 1: What are some problems with not adding data integrity for your input strings? Example: If you are asking for an amount and when you can put in a letter. Question 2: What is one security issue that can take place with an interface? Expla..

What is the macaulay duration : There is a 9 percent coupon bond with six years to maturity and a current price of $958.50. What is the dollar value of an 01 for the bond? You find a bond with 14 years until maturity that has a coupon rate of 8.2 percent and a yield to maturity of..

Experiences of the two groups : Write a 2,100- to 2,450-word paper that compares and contrasts the experiences of the two groups and discuss unique treatment issues that must be taken into consideration for each of these groups. Address the following:

Explain differences between egyptian and mesopotamian women : Write a 4 to 5 pages essay and describe the differences between Egyptian and Mesopotamian women. Essays are double-spaced, Times New Roman 12, with normal margins.

Zero coupon bonds on the market at a price : Atlantis Fisheries issues zero coupon bonds on the market at a price of $364 per bond. Each bond has a face value of $1,000 payable at maturity in 18 years. It is callable in 9 years at a call price of $490.

Describe what are your social responsibilities : Assume you are going to open a new store selling fitness products. Describe it. Who are your competitors? What would you do to monitor your competitors' action? Who are your customers? What are you going to do to appeal to them? What are your soci..

User Account

All Pages