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Create a new table but this time with a 10% rate Example II Given Change in Yield on Notes with different coupons, but same maturity
Create a new table but this time with a 10% rate
Example II Given Change in Yield on Notes with different coupons, but same maturity same example but use a 10% coupon instead of a 5% coupon 6% yield 6% yield Coupon Rate 2% initial yield 5% Coupon Rate 5% Initial yield 5% 20 20 20 2 0 1020 19.05 18.14 17.28 16.45 799.20 18.87 17.80 16.79 15.84 762.20 50 50 50 50 1050 47.62 45.35 43.19 41.14 822.70 47.17 44.50 41.98 39.60 784.62 4 870.12 831.51 1000.00 sum Percentage change 957.88 4.21Step by Step Solution
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