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Consider a 10 year bond with face value $1000. Pays 6% coupon semi annual and has a yeild to maruryity of 7%. How much would
Consider a 10 year bond with face value $1000. Pays 6% coupon semi annual and has a yeild to maruryity of 7%. How much would the approximate percentagechange in the price of bond if interest rate in the economy decreases by .80% per year
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Accounting
Authors: Carl s. warren, James m. reeve, Philip e. fess
21st Edition
978-0324400205, 324225016, 324188005, 324400209, 9780324225013, 978-0324188004
