Question
A bond with a 8-year duration is worth $1,074, and its yield to maturity is 7.4%. If the yield to maturity falls to 7.30%, you
A bond with a 8-year duration is worth $1,074, and its yield to maturity is 7.4%. If the yield to maturity falls to 7.30%, you would predict that the new value of the bond will be approximately _________.
a)$1,082.06
b)$1,075.07
c)$1,074.00
d) $1,072.93
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Crypto Asset Investing In The Age Of Autonomy
Authors: Jake Ryan
1st Edition
1119705363, 978-1119705369
