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Basic Question 3 of 10
Consider a four-year, 5% annual coupon payment bond. Its yield to maturity is 10% and its price is 84.16 per 100 of par value.
B. 0.7172
C. 0.8522
To calculate Macaulay duration, what should be the weight of the last payment of 105?
A. 0.8750
B. 0.7172
C. 0.8522
User Contributed Comments 1
| User | Comment |
|---|---|
| janglejuic | 71.72 / (4.55+4.13+3.76+71.72) |
I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
Learning Outcome Statements
describe the relationships among a bond's holding period return, its Macaulay duration, and the investment horizon
define, calculate, and interpret Macaulay duration
CFA® 2025 Level I Curriculum, Volume 4, Module 10.