Question
Given a 9 percent, four-year bond with a price of $1,033.12 and a market yield of 8 percent, calculate the percentage change in the price
Given a 9 percent, four-year bond with a price of $1,033.12 and a market yield of 8 percent, calculate the
percentage change in the price of the bond if r changes by 1 percent. The par value of bond is $1,000.
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International Financial Reporting Standards An Introduction
Authors: Belverd Needles, Marian Powers
2nd edition
053847680X, 978-1111793234, 1111793239, 978-0538476805
