Question
A 5.90 percent coupon bond with 10 years left to maturity is priced to offer a yield to maturity of 6.8 percent. You believe that
A 5.90 percent coupon bond with 10 years left to maturity is priced to offer a yield to maturity of 6.8 percent. You believe that in one year, the yield to maturity will be 6.0 percent. What is the change in price the bond will experience in dollars? Assume yearly payments nad face value of 1000
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Technical Analysis Of Stock Trends
Authors: Robert D. Edwards, John Magee, W.H.C. Bassetti
9th Edition
0814408648, 978-0814408643
