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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
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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.