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For the bond with a coupon of 5.5% paid annually, with 10 years to maturity and a YTM of 6.10%, calculate the duration and modified duration.

SECTION ONE: Calculations and Analysis Question 1 [10 marks] a) For the bond with a coupon of 5.5% paid annually, with 10 years to maturity and a YTM of 6.10%, calculate the duration and modified duration. (3 marks) b) For the bond described in a) above, calculate the convexity. (3 marks) c) Calculate the price […]

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