Chartered Financial Analyst Level 1
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An analyst gathers the following information about a bond:
Annual modified duration 7.534 Flat price (per 100 of par value) 92.084 Accrued interest (per 100 of par value) 1.458
The bond's money duration per 100 of par value is closest to:
An analyst gathers the following information about a bond:
| Annual modified duration | 7.534 |
|---|---|
| Flat price (per 100 of par value) | 92.084 |
| Accrued interest (per 100 of par value) | 1.458 |
The bond's money duration per 100 of par value is closest to:
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