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15%) Use the data in the following table to calculate The effective duration when rates increase from 4% to 4.2% The effective duration when rates
- 15%) Use the data in the following table to calculate
- The effective duration when rates increase from 4% to 4.2%
- The effective duration when rates decrease from 4% to 3.5%
4% Coupon 10-year T-note | |
Yield to Maturity | Price |
4.50% | 97.78 |
4.20% | 99.11 |
4.00% | 100.00 |
3.80% | 100.90 |
3.50% | 102.28 |
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