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Optus bond has afacevalue of 1000, coupon rate of 7%, yeild/market interest is 11%. the optus bond has a time to maturity of 9 years.
- Optus bond has afacevalue of 1000, coupon rate of 7%, yeild/market interest is 11%. the optus bond has a time to maturity of 9 years. Assuming annual coupon payments, how does 1% increase in interest rates affext the price of Optus bond? what is the new price of Optus bond?
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Modern Portfolio Theory and Investment Analysis
Authors: Edwin Elton, Martin Gruber, Stephen Brown, William Goetzmann
9th edition
9781118805800, 1118469941, 1118805801, 978-1118469941
