Question
An 8% Bond with remaining maturity of 8 years is quoted in the Band Market at 89.33 at current going market interest rate of 10%.
An 8% Bond with remaining maturity of 8 years is quoted in the Band Market at 89.33 at current going market interest rate of 10%. if the market interest rate suddenly goes up from 10% t0 15%, the Price of this Bond would Change by what percentage?
| a. | Up 15% | |
| b. | Up 23% | |
| c. | Dn 35% | |
| d. | Dn 50% | |
| e. | Dn 31% | |
| f. | Dn 23 % |
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Corporate Financial Distress A Study Of The Italian Manufacturing Industry
Authors: Matteo Pozzoli , Francesco Paolone
1st Edition
3319673548,3319673556
