CBSE BOARD XII, asked by Anonymous, 9 days ago

the 1000face value of 7% coupon bondpays interest manually.The bond will mature in 5 years.find the modified duration of the bond if it sells for 1025.30​

Answers

Answered by sanjusimarpreet
1

Answer:

1000×1025=2025

1%=100%

7%=700%

700÷2025=3768

ANSWER IS=3768

Explanation:

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