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a 2 year 8% coupon bond that makes annual coupon payments has a face value of $100 and an (annual) ytm of 3% a) what
a 2 year 8% coupon bond that makes annual coupon payments has a face value of $100 and an (annual) ytm of 3%
a) what is the price of the bond?
b) how would the price of the bond chance if the yield went up to 8%?
c) calc the modified duration of the bond when the yield is 3%
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Financial Econometrics
Authors: Peijie Wang
1st Edition
0415426693, 978-0415426695
