Question
A $30,000 face value bond with a coupon rate of 6.4% per semi annually has 15 years to maturity and yield to maturity of 5.2%
A $30,000 face value bond with a coupon rate of 6.4% per semi annually has 15 years to maturity and yield to maturity of 5.2% if interest rates rise and yield to maturity increases to 5.6% what will happen to the price of bond quantitatively ?
PLEASE DO IT IN EXCEL USING HE FORMULA'S
THANKYOU
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Sustainable Value Creation An Inevitable Challenge To Business And Society
Authors: Teun Wolters
1st Edition
3031353501, 978-3031353505
