A bond with duration of 9.48 years, has a price of $1085.50 when interest rates are 8.25%.

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A bond with duration of 9.48 years, has a price of $1085.50 when interest rates are 8.25%. What will be the price of this bond if interest rates change to 8.50%?

Posted Date: Jul 03, 2024 09:28 AM

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A bond with duration of 9.48 years, has a price of $1085.50 when interest rates are 8.25%.

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