You have been asked to estimate the duration of a ten-year,8% coupon bond with a yield to maturity of 10%.It has a sinking fund provision where 10% of the outstanding bonds will be retired each year.What is the duration of this bond?

Question

Quizplus · Accepted Answer

The Answer of You have been asked to estimate the duration of a ten-year,8% coupon bond with a yield to maturity of 10%.It has a sinking fund provision where 10% of the outstanding bonds will be retired each year.What is the duration of this bond?

You Have Been Asked to Estimate the Duration of a Ten-Year,8