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Consider a coupon bond that has a face value of $1,000, a coupon rate of 4%, and five years to maturity. What is the price
- Consider a coupon bond that has a face value of $1,000, a coupon rate of 4%, and five years to maturity.
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- What is the price of the bond if the yield to maturity on similar bonds is 6%?
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- What should its price be the following year if the yield to maturity on similar bonds falls to 5%? Would this change in yields be a good thing or not if you purchased the bond one year earlier at the price you calculated in (a) above? Explain. How does this example relate to interest-rate risk?
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Fanatical Prospecting The Ultimate Guide To Opening Sales Conversations And Filling The Pipeline By Leveraging Social Selling Telephone Email Text And Cold Calling
Authors: Jeb Blount, Mike Weinberg
1st Edition
1119144752, 978-1119144755
