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A 16-year bond has a yield to maturity of 11% and duration of 9.25 years. If the market yield changes by 0.32%, how much change
A 16-year bond has a yield to maturity of 11% and duration of 9.25 years. If the market yield changes by 0.32%, how much change will there be in the bond's price?
| A. | 1.85% | |
| B. | 2.01% | |
| C. | 2.67% | |
| D. | 6.44% |
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HSBA Handbook On Ship Finance
Authors: Schinas
2015th Edition
3662434091, 978-3662434093
