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KU FIN 310 HW6 Bond RTY.AF has a 5 percent coupon, makes semiannual payments, currently has 24 years remaining to maturity, and is currently priced
KU FIN 310 HW6
Bond RTY.AF has a 5 percent coupon, makes semiannual payments, currently has 24 years remaining to maturity, and is currently priced at par value. If interest rates suddenly rise by 2 percent, what is the percentage change in the price of Bond RTY.AF? Be sure to include the sign, especially if the bond price falls and the percentage change is negative. (Do not include the percent sign (%). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places If the following quotes are from March 15, 2013, what was the yield to maturity for the PO.BN bonds with $1,000 face values and semiannual payments? (Do not include the percent sign (%).Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places If the following quotes are on September 15, 2012, what was the coupon rate for the JD.VR bonds with $1,000 face values and semiannual payments? (Do not include the percent sign (%).Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal placesStep by Step Solution
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