Question
A(n) ten-year bond has a yield of 12% and a duration of 7.206 years. If the bond's yield increases by 50 basis points, what is
A(n) ten-year bond has a yield of 12% and a duration of 7.206 years. If the bond's yield increases by 50 basis points, what is the percentage change in the bond's price?
The bond's price decreased or increased by _____%.
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The Essential Nonprofit Fundraising Handbook
Authors: Michael A. Sand, Linda Lysakowski
1st Edition
1601630727, 978-1601630728
