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14. Consider a bond that has a coupon of 8% paid semi-annually and has a maturity of 5 years. The bond is currently selling for
| 14. Consider a bond that has a coupon of 8% paid semi-annually and has a maturity of 5 years. The bond is currently selling for $1047.25. Use Excel to do the following analysis. | |||||||||
| a. What is the yield to maturity? | |||||||||
| b. Compute its duration? | |||||||||
| c. If interest rates are expected to increase by 75 basis points, what is the expected dollar change in price? | |||||||||
| What is the expected percentage change in price? | |||||||||
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Health Care Finance Economics And Policy For Nurses
Authors: Betty Rambur
2nd Edition
0826152538, 978-0826152534
