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7-25 Bond Prices and Interest Rate Changes A 5.75 percent coupon bond with 10 years left to maturity is priced to offer a 6.5 percent
7-25 Bond Prices and Interest Rate Changes A 5.75 percent coupon bond with 10 years left to maturity is priced to offer a 6.5 percent yield to maturity. You believe that in one year, the yield to maturity will be 5.8 percent. What is the change in price the bond will experience in dollars ? (LG7-5)
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Financial Management
Authors: P V V Satyanarayana
1st Edition
9350568012, 9789350568019
