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Question 3 Homework. Unanswered A 6-year zero-coupon bond has a face value of $1,000. If its YTM changes from 3.6% to 5.1%, what is the
Question 3 Homework. Unanswered A 6-year zero-coupon bond has a face value of $1,000. If its YTM changes from 3.6% to 5.1%, what is the resulting percentage change in its price? Use the price determined from the first yield, 3.6%, as the base in the percentage calculation. Round to the nearest hundredth of a percent. (e.g., 4.32% = 4.32). (Hint: If the price dropped, enter a negative number]. Numeric Answer: Unanswered 2 attempts left Submit Question 4 Homework. Unanswered What is the value of a 19-year, 5.7% coupon rate, $1,000 face value bond with annual coupon payments, if similar bonds (same maturity, same risk profile) are trading at a yield to maturity of 5.9%? Round to the nearest cent. Numeric
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