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Question 22 10 points Save Answer XYZ Company has issued bonds that pay semiannually with the following characteristics Band Price $1,150 Yield to Maturity 10%
Question 22 10 points Save Answer XYZ Company has issued bonds that pay semiannually with the following characteristics Band Price $1,150 Yield to Maturity 10% Duration Maturity 10 years 5 year If the yield to matunity decreases by 15 basis points, the expected price of the bond using duration would be
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