Question
An 8% coupon bond has a yield to maturity of 10% and a duration of 8 years. The current bond price is $925. If the
An 8% coupon bond has a yield to maturity of 10% and a duration of 8 years. The current bond price is $925. If the market yield decreases by 20 basis points, what will be the expected bond price?
| $936.18 | ||
| $939.64 | ||
| $960.36 | ||
| $963.82 |
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Bond Markets Analysis And Strategies
Authors: Frank J. Fabozzi
4th Edition
0130402664, 9780130402660
