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1. For the following bond, calculate the price value of a basis point. Coupon 8% (semiannual), 4 years to maturity, Initial YTM 8%, Initial Price

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1. For the following bond, calculate the price value of a basis point. Coupon 8% (semiannual), 4 years to maturity, Initial YTM 8%, Initial Price = 100.00 per $100. Complete your analysis by simulating an increase in the yield. PVBP is closest to: a) $.034 b) $.044 c) $.015 d) $.068

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