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4 . If an A Rated Corporate Equipment Trust Certificate ( asset backed ) with a coupon rate of 5 . 4 % and YTM
If an A Rated Corporate Equipment Trust Certificate asset backed with a coupon rate of and YTM of has a maturity date of what would its price be assuming semiannual coupons
Using the coupon rate above, if this year bond experienced a increase in YTM what would its new present value be What do your results tell you about the relationship between price and YTMand how the length to maturity affects the sensitivity of a bonds price?
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