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Bond A: 4% coupon, 4 years maturity, par 100, purchase price $95 a. What is the yield to maturity of bond A: 5.79% b.
Bond A: 4% coupon, 4 years maturity, par 100, purchase price $95 a. What is the yield to maturity of bond A: 5.79% b. What is the modified duration of bond A: [Select] c. New CPI released today was much higher than expected and pushed bond yields 0.5% higher. What is the percent loss due to the higher yield? [Select] d. Based part c, what is the new price [Select]
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