The Macaulay Duration Of A 10 Year 100 Par Value Bond With Annual Coupons Of X I
___________________________________________________________________
The Macaulay duration of a 10 year $100 par value bond with annual coupons of $X is 6.96 yearsat an annual effective interest rate of 10%. Calculate X. Give your answer as a decimal rounded to two places.
Need your ASSIGNMENT done? Use our paper writing service to score good grades and meet your deadlines.
Order a Similar Paper Order a Different Paper
