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A bond with an 8 -year duration is worth $1,065, and its yield to maturity is 5.26%. If the yield to maturity falls to 5.044
A bond with an 8 -year duration is worth $1,065, and its yield to maturity is 5.26%. If the yield to maturity falls to 5.044 you would predict th bond will be approximately (Answer rounded to two decimals)
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
16th Edition
013749601X, 978-0137496013
