Question
FI306: Handout on Duration 1. Find the duration for a 3-year 10% bond with a 7% yield to maturity. 2. Suppose the market interest rate
FI306: Handout on Duration 1. Find the duration for a 3-year 10% bond with a 7% yield to maturity.
2. Suppose the market interest rate changes to 8%, using the bonds duration, compute the percentage price change for the bond.
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Re Imagining Offshore Finance
Authors: Christopher M. Bruner
1st Edition
0190466871, 978-0190466879
