Question
A bond's market price with a duration of 4 is 1000. If its yield increases for 0.25 %, what will be the bond's new price?
A bond's market price with a duration of 4 is 1000. If its yield increases for 0.25 %, what will be the bond's new price?
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
13th edition
1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099
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