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Estimate the new bond price given changes on interest rates of +0.75% from the current level (5%). The bond features are as follows: Principle value
- Estimate the new bond price given changes on interest rates of +0.75% from the current level (5%). The bond features are as follows:
Principle value = RMI,OOO; Maturity 12 years; YTM 6%; Coupon Rate 7%, Convexity Effect = 30.
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CFP Board Financial Planning Competency Handbook
Authors: CFP Board
2nd Edition
1119094968, 978-1119094968
