Question
A 8.30 percent coupon bond with 13 years left to maturity is priced to offer a 9.0 percent yield to maturity. You believe that in
A 8.30 percent coupon bond with 13 years left to maturity is priced to offer a 9.0 percent yield to maturity. You believe that in one year, the yield to maturity will be 8.6 percent. What is the change in price the bond will experience in dollars?
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Dave Ramseys Complete Guide To Money
Authors: Dave Ramsey
1st Edition
1937077209, 978-1937077204
