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(Bond) A 6% bond with 10 years to maturity has a yield of 7%. The face value is $1000 and coupons are paid semiannually. What
(Bond) A 6% bond with 10 years to maturity has a yield of 7%. The face value is $1000 and coupons are paid semiannually. What is the price of this bond? What is the duration of this bond? According to duration approximation, what change in the bond yield will cause the bond price to decrease by $75.6
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The Wealthtech Book The FinTech Handbook For Investors Entrepreneurs And Finance Visionaries
Authors: Susanne Chishti, Thomas Puschmann
1st Edition
1119362156, 978-1119362159
