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Consider two bonds, a 3-year bond paying an annual coupon of 5.60% and a 10-year bond also with an annual coupon of 5.60%. Both currently
Consider two bonds, a 3-year bond paying an annual coupon of 5.60% and a 10-year bond also with an annual coupon of 5.60%. Both currently sell at a face value of $1,000. Now suppose interest rates rise to 8%. What is the new price of the 10-year bonds? What is the new price of the 3-year bonds
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Algorithmic Finance A Companion To Data Science
Authors: Christopher Hian-ann Ting
1st Edition
9811238308, 978-9811238307
