Question
1. With a 27bps move in interest rates (each way), what is the current price of a bond if it has a high price of
1. With a 27bps move in interest rates (each way), what is the current price of a bond if it has a high price of $105.73, a low price of $97.24, and an effective duration of 12.88? A. $107.12 B. $113.56 C. $100.00 D. $122.07
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Corporate Finance Reader
Authors: Robert W. Kolb
2nd Edition
1878975536, 978-1878975539
