N 10000 c 0.07 ytm 0.08 T 5 years ymt** 0.09 t 1 2 3 4 5 CF 700 700 700 700 10700 dCF 648.1481481 600.1371742 555.6825687 514.520897 7282.240208 P 9600.728996 suma annuities duration: 2794.897026 648.1481481 1200.274348 1667.047706 2058.083588 36411.20104 6805.83197 41984.75483 9600.728996 D (years) 4.373079883 years Modif.duration 4.049148039 % $ duration 388.7477299 aprox. P P* 9211.981266 t 1 2 3 4 5 CF 700 700 700 700 10700 dCF 642.2018349 589.1759953 540.528436 495.8976477 6954.265833 P 9222.069747 Zero bond N 150000 T 6 ytm 0.06 P_0 105744.0811 N 130000 P_m 98000 T 4 ytm: 0.073196677