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May
21
comment Modified Durations of Different Noncallable Bonds and function of Maturity
piczak i forgot to mention as well, it was a 9% yield rate. Could be why you didnt get the same answers.
May
21
awarded  Scholar
May
21
accepted Modified Durations of Different Noncallable Bonds and function of Maturity
May
21
comment Modified Durations of Different Noncallable Bonds and function of Maturity
yea i noticed it had a horizontal asymptote, as it goes to say 100 yrs it comes back down and its simply a horizontal asymptote. Not sure how i missed it, but that makes sense from what you said. I didn't notice that @ 3% in the table it actually decreases.
May
21
awarded  Student
May
20
asked Modified Durations of Different Noncallable Bonds and function of Maturity