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
1
Answer:
1000×1025=2025
1%=100%
7%=700%
700÷2025=3768
ANSWER IS=3768
Explanation:
PLS MARK ME AT BRAIN LIST
Similar questions