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Interest Rate Sensitivity A bond trader purchased each of the following bonds with a face value of $1,000 at a yield to maturity of 9%.
Interest Rate Sensitivity
A bond trader purchased each of the following bonds with a face value of $1,000 at a yield to maturity of 9%. Immediately after she purchased the not round intermediate calculations. Round the monetary values to the nearest cent and percentage values to two decimal places. Enter as positive valuesStep by Step Solution
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