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As a bond fund manager, you are considering corporate bonds issued by Super Buy ( SB ) . Each SB bond is a 4 -
As a bond fund manager, you are considering corporate bonds issued by Super Buy SB Each SB bond is a year bond with a par value of $ million. Its interest payments are based on the following schedule: $ in year $ in year $ in year and $ in year You estimate SBs current interest rate is What is the actual bond price change if the YTM increases by basis points?
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