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If a bond has duration of 11 years with a bond price of 1000 and a yield to maturity of 5%. If the yield to
If a bond has duration of 11 years with a bond price of 1000 and a yield to maturity of 5%. If the yield to maturity decreases by 1%. How much will bond price change?
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Melissa Hart
7th Edition
1265521972, 978-1265521974
