Question
Bond Dave has a 8 percent coupon rate, makes semiannual payments, a 3 percent YTM, and 5 years to maturity. If interest rates suddenly rise
Bond Dave has a 8 percent coupon rate, makes semiannual payments, a 3 percent YTM, and 5 years to maturity. If interest rates suddenly rise by 1 percent, what is the percentage change in the price of Bond Dave? Enter the answer with 4 decimals (e.g. 0.0123).
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Mergers Acquisitions And Other Restructuring Activities
Authors: Donald DePamphilis
10th Edition
0128150750, 978-0128150757
