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a bond that pays interest annually has a 9 percent promised yield and a price of 1035. anno interest rates are now projected to fall
a bond that pays interest annually has a 9 percent promised yield and a price of 1035. anno interest rates are now projected to fall 50 basis points. the bond duration is 9 years. what is the predicted new bond price after the interest rate change?
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Liars Poker Rising Through The Wreckage On Wall Street
Authors: Michael Lewis
1st Edition
0393246108,0393247147
