Question
if a bond has a 7% annual coupon bond is trading at par with a duration of 3.57 and convexity of 11.37. If we assume
if a bond has a 7% annual coupon bond is trading at par with a duration of 3.57 and convexity of 11.37. If we assume a significant market correction and yields rise from 7 to 9%, then the price of the bond will be?
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Forecasting And Predictive Analytics With Forecast X
Authors: Barry Keating, J. Holton Wilson, John Solutions Inc.
7th International Edition
1260085236, 9781260085235
