Question
A 6 per cent coupon bond pays interest semi-annually, has a modified duration of 10, sells for R800, and is priced at a yield to
A 6 per cent coupon bond pays interest semi-annually, has a modified duration of 10, sells for R800, and is priced at a yield to maturity (YTM) of 8 per cent. If the YTM increases to 9 per cent, the predicted decrease in price, using the duration concept, is: 1 R48 2 R64 3 R72 4 R80
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The Almanack Of Stanley Druckenmiller From Over 40 Years Of Investing Wisdom With Quantum Fund And Duquesne Capital Management
Authors: Rui Zhi Dong
1st Edition
B0B3NV2H9M, 979-8850611453
