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Q 0 1 a ) Both Bond Sam and Bond Dave have 3 percent coupons, make semiannual payments, and are priced at par value. Bond
Q a
Both Bond Sam and Bond Dave have percent coupons, make semiannual payments, and are priced at par value. Bond Sam has years to maturity, whereas Bond Dave has years to maturity.
a If interest rates suddenly rise by point, what is the percentage change in the price of Bond Sam?
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
7th Edition
1259919714, 978-1259919718
