A bond priced at $102.5 has an effective duration of 4.5 if the interest rates increased by

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A bond priced at $102.5 has an effective duration of 4.5 if the interest rates increased by 40 basis points calculate the new price of the bond

A. 101.8

B. 100.66

C. 98.2

D. 104.35

Posted Date: Jun 09, 2024 08:05 PM

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A bond priced at $102.5 has an effective duration of 4.5 if the interest rates increased by

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