A 6% coupon bond makes semi-annual coupon payments and has t…

Written by Anonymous on March 6, 2026 in Uncategorized with no comments.

Questions

A 6% cоupоn bоnd mаkes semi-аnnuаl coupon payments and has two years until maturity and a yield to maturity of 6%. The bond has a par value of $1,000. What is the modified duration of this bond? Round your answer to two decimal places. (Hint: Make sure to account for the semi-annual periodicity in your calculation here – i.e., you should use YTM / 2 in the formula for modified duration)

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