The yield curve reveals that the 1 -year spot rate is \4.9 and the 2...
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Finance
The yield curve reveals that the 1 -year spot rate is \4.9 and the 2 -year spot rate is \7.9. What is the duration of a 2 -year bond with a face value of \\( \\$ 1,000.00 \\) making annual coupon payments of \32.9 ? Do not report the modified duration. a. 1.45 b. 1.78 c. 1.28 d. 1.14 e. 0.98 f. 1.64 g. 0.78 h. 0.58

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