Diff selection: Mark the radio buttons of the revisions to compare and hit enter or the button at the bottom.
Legend: (cur) = difference with latest revision, (prev) = difference with preceding revision, m = minor edit.
Legend: (cur) = difference with latest revision, (prev) = difference with preceding revision, m = minor edit.
| rev | Admin | (Created page with "An investor purchases a portfolio consisting of three bonds. Bond A has annual coupons of 6% and matures for its face amount of 1000 in ten years. It is purchased for 1000. Bonds B and C are zero-coupon bonds, maturing for 1000 each in five and ten years, respectively. All three bonds have the same yield rate. Calculate the Macaulay duration in years at the time of purchase of the portfolio with respect to the common yield rate. <ul class="mw-excansopts"><li>7.23</li><...") | Nov 20'23 at 1:23 | +557 |