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A 10-year zero-coupon bond with a face value of $5,000,000 has the current yield on the portfolio is 10% per annum. This bond matures 10
A 10-year zero-coupon bond with a face value of $5,000,000 has the current yield on the portfolio is 10% per annum. This bond matures 10 years from today.
What would be the percentage change of the value of the bond for a 1% per annum increase in yields?
Question 16 options:
| 1% increase |
| 1% decrease |
| 10% increase |
| 10% decrease |
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