Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. consider a zero-coupon bond with face value 100 au

Consider a zero-coupon bond with face value 100 AUD and a maturity of 5 years....

60.1K

Verified Solution

Question

Finance

image

Consider a zero-coupon bond with face value 100 AUD and a maturity of 5 years. The market interest rate is 270%. Calculate the dollar duration of the zero- coupon bond. Please round your answer to two decimal places. O a. 40.54 O b. {=5/(1+2.7)*100 o c. 5 O d. 400 O e. 80

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students