Question
A 30-year maturity bond making annual coupon payments with a coupon rate of 15.0% has duration of 11.29 years and convexity of 184.0. The bond
A 30-year maturity bond making annual coupon payments with a coupon rate of 15.0% has duration of 11.29 years and convexity of 184.0. The bond currently sells at a yield to maturity of 8%. Required:
What price would be predicted by the duration rule, if it's yield to maturity rises to 9%?
Predicted price
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Make Money Like A Monster 2 Real Estate
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