Consider the 2-year, 1000 USD T-note with a coupon rate of 4.5% and a YTM of 1.42%
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Consider the 2-year, 1000 USD T-note with a coupon rate of 4.5% and a YTM of 1.42% If the YTM increases from 1.42% to 1.5%, by approximately how much does the bond price fall (in percent)?
Related Book For
Financial Accounting an introduction to concepts, methods and uses
ISBN: 978-0324789003
13th Edition
Authors: Clyde P. Stickney, Roman L. Weil, Katherine Schipper, Jennifer Francis
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