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a bond has 8 years to maturity, annual interest payments par value of $ 1000, coupon rate of 9 percent and ytm of 2 percent.
a bond has 8 years to maturity, annual interest payments par value of $ 1000, coupon rate of 9 percent and ytm of 2 percent. If market yield to maturity suddenly increases to 8 percent. what is the percentage change in the price of this bond?
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International Finance Transactions Policy And Regulation
Authors: Hal Scott, Anna Gelpern
21st Edition
1634602048, 978-1634602044
