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38 A bond has a duration of 9.67 years. Currently its yield to maturity is 6.00%, Interest rates ace profected to increase by 75 basis
38 
A bond has a duration of 9.67 years. Currently its yield to maturity is 6.00%, Interest rates ace profected to increase by 75 basis points 10.75%2 What is the predicted price change of the bond in percentage? 6.00% .6.84% 9.67% 7.25% 0.75% A Step by Step Solution
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Financial Management Theory And Practice
Authors: Prasanna Chandra
8th Edition
0071078401, 978-0071078405
