Question
Assume Beta Corporation has a YTM of 10.46% and yield changed instantaneously by 0.9761%. Given the bond's original price of $100, the coupon rate of
Assume Beta Corporation has a YTM of 10.46% and yield changed instantaneously by 0.9761%. Given the bond's original price of $100, the coupon rate of 4.1% and the modified duration of 9.9 then what is the approximate percentage change in price?
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The VAR Implementation Handbook
Authors: Greg Gregoriou
1st Edition
007161513X, 978-0071615136
