IAI SP5 Practice Questions - IAI SP5 Investment And Finance Specialist Principles Exam

A bond has a Macaulay duration of 8 years and a yield to maturity of 5%. Its modified duration is approximately:

7.62 years 8.40 years 8.00 years 0.40 years

Correct Answer:

7.62 years

Access more questions from this quiz

Continue to IAI SP5 Practice Questions - IAI SP5 Investment and Finance Specialist Principles Exam for more practice questions and the full quiz experience.

Access More Questions