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A bond with a 7.3% yield has a duration of 5.4 and is trading at $985. If the yield decreases to 7.1% what would be
A bond with a 7.3% yield has a duration of 5.4 and is trading at $985. If the yield decreases to 7.1% what would be the new bond price?
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Public Finance In Theory And Practice
Authors: Richard Abel Musgrave, Peggy B. Muscrave
5th Edition
0070441278, 978-0070441279
