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A 10-year, 8% coupon bond pays interest annually. The bond has a face value of $1,000. What is the change in the price of this
A 10-year, 8% coupon bond pays interest annually. The bond has a face value of $1,000. What is the change in the price of this bond if the market yield to maturity rises to 3.5% from the current rate of 3%?
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Finance And Control For Construction
Authors: Chris March
1st Edition
0415371155, 978-0415371155
