EOM L11

A bond is priced at 817 and has a YTM of 0.045 when interest rates suddenly change by 80 basis points. The bond's price changes to 789 Calculate the duration for this bond. 4.4767 4.9155 4.7319 5.1214 4.2842 A bond has a duration of 5.83 and has a YTM of 0.03 when interest rates change by 30 basis points. What is the expected change in price for the bond using only this information? 0.0134 0.0158 0.0170 0.0183 0.0145 A bond has a duration of 9.88 and has a YTM of 0.075 when interest rates change by -80 basis points. What is the expected change in price for the bond using only this information? 0.0828 0.0639 0.0681 0.0735 0.0792