Question
A bond has a Macaulay Duration of 12.31 years, the bond is currently priced at $992.0 and the yield to maturity is 5.35. The approximate
A bond has a Macaulay Duration of 12.31 years, the bond is currently priced at $992.0 and the yield to maturity is 5.35. The approximate change in the price of the bond following a change in yield of 0.50 is...
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Global Corporate Finance A Focused Approach
Authors: Kenneth A. Kim
1st Edition
9814335827, 9789814335829
