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An 8 year bond has a yield to maturity of 6%. Which would result in the smallest % change in the bond's price, a rise
An 8 year bond has a yield to maturity of 6%. Which would result in the smallest % change in the bond's price, a rise to 7% or a fall to 5%?
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Fundamentals Of Financial Management Concise
Authors: Eugene F. Brigham, Joel F. Houston
11th Edition
0357517717, 9780357517710
