Z zac New member Mar 29, 2010 #1 Can someone help me with this "practice problem" please. Calculate the duration of a $1,000, 6% coupon bond with three years to maturity. Assume that all market interest rates are 7%. How would I go about solving this?? Thanks!!
Can someone help me with this "practice problem" please. Calculate the duration of a $1,000, 6% coupon bond with three years to maturity. Assume that all market interest rates are 7%. How would I go about solving this?? Thanks!!
