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Question 10 Not yet answered Marked out of 6.00 p Flag question North South Company has bonds with 20 years to maturity, a face value
Question 10 Not yet answered Marked out of 6.00 p Flag question North South Company has bonds with 20 years to maturity, a face value of $1,000. coupon rate of 9 percent and YTM of 7 percent. The company makes semiannual payments What is the percentage change in the price of this bond if the market yield suddenly decreases to 5 percent? 2. 10.22 percent b. 19.03 percent c.17.39 percent 0.23.77 percent e. 13.92 percent
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