Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
QUESTION
A bond has a face value of $1,000, a coupon rate of 0 percent, yield to maturity of 9 percent, and 10 years to maturity. This bond's duration is .
A bond has a face value of $1,000, a coupon rate of 0 percent, yield to maturity of 9 percent, and 10 years to maturity. This bond's duration is ...
A) 10,0 years B) 9,6 years C) 7,5 years D) 6,7 years
