Question
a 10-year, 5 percent coupon pays interest semi-annually. the bond has a face value of $1000. what is the percentage change in the price of
a 10-year, 5 percent coupon pays interest semi-annually. the bond has a face value of $1000. what is the percentage change in the price of the bond if the market yield to maturity rises to 6.0 percent from the current rate of 5.5%?
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Illustrating Finance Policy With Mathematica
Authors: Nicholas L. Georgakopoulos
1st Edition
3319953710, 978-3319953717
