CFA Practice Question

There are 266 practice questions for this study session.

CFA Practice Question

Consider a four-year, 5% annual coupon payment bond. Its yield to maturity is 10% and its price is 84.16 per 100 of par value.

What is the Macaulay duration of the bond?
A. 3.4087
B. 3.6950
C. 3.8976
Explanation: Calculate period x weight, then add them up.

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