Question
consider a three-year, $1000 bond that pays an annual coupon of 10%, and trade at a yield to maturity of 14%. calculate the duration of
consider a three-year, $1000 bond that pays an annual coupon of 10%, and trade at a yield to maturity of 14%. calculate the duration of this bond
what is the percentage change in the price of the bond I the interest rate YTM immediately increases by 0.50% (50 basis points) using the duration formula?
what is the actual percentage change price of the bond using the additional present value bond pricing technique?
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ISE Essentials Of Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus
12th International Edition
1265450099, 9781265450090
