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Problem 10-30 Using Duration (LO4, CFA3) until maturity that has a coupon rate of 5.0 percent and a yield to maturity of 4.5 percent You

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Problem 10-30 Using Duration (LO4, CFA3) until maturity that has a coupon rate of 5.0 percent and a yield to maturity of 4.5 percent You find a bond with 21 years Suppose the yield to maturity on the bond increases by 0.25 percent. a. What is the new price of the bond using duration and using the bond pricing formula? (Do not round intermediate calculations. Round your answers to 2 decimal places.) ed ok Estimated price Actual price ces b. Now suppose the original yield to maturity is increased by 1 percent. intermediate calculations. Round your answers to 2 decimal places.) What is the new price of the bond? (Do not round Estimated price Actual price

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