Question
A nine-year bond has a yield of 10% and a duration of 7.197 years. If the bond's yield increases by 75 basis points, what is
A nine-year bond has a yield of 10% and a duration of 7.197 years. If the bond's yield increases by 75 basis points, what is the percentage change in the bond's price as predicted by the duration formula? The bond's price decrease/increased by =
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Bond Markets Analysis And Strategies
Authors: Frank J. Fabozzi, Francesco A. Fabozzi
10th Edition
026204627X, 978-0253337535
