Question
For a 3-year treasury bond with a par value of 1000, and 8% coupon payment. Imagine todays market nomial rate is 4%, and you purchase
For a 3-year treasury bond with a par value of 1000, and 8% coupon payment.
Imagine todays market nomial rate is 4%, and you purchase this bond with Price1. Tomorrow the market nomial rate is 9%, what will happen to to the price of your bond?
(1) Calculate the Price1. (2) Show the change in your bond value
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The Entrepreneur's Growth Startup Handbook 7 Secrets To Venture Funding And Successful Growth
Authors: David N. Feldman
1st Edition
1118445651, 978-1118445655
