Question
Find the price of an 8% coupon bond with 30 years to maturity if interest rates: A) Increase by 3/4% B) Decrease by 3/4% C)
Find the price of an 8% coupon bond with 30 years to maturity if interest rates:
A) Increase by 3/4%
B) Decrease by 3/4%
C) Increase by 1 1/4%
D) Decrease by 1 1/4%
I need help solving this problem. the problems: (c) and (d) confuse me. Is there a way to solve this by using inputs on BA II Plus financial calculator?
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Real Estate Finance Theory And Practice
Authors: Terrence M. Clauretie, G. Stacy Sirmans
5th Edition
0324305508, 9780324305500
