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Right now Aaa binds yeild 5% and Baa bonds yeild 12%. If some bad news causes a 10% coupon rate 9 year bond to be
Right now Aaa binds yeild 5% and Baa bonds yeild 12%. If some bad news causes a 10% coupon rate 9 year bond to be unexpectedly uprated from Baa to Aaa what wiukd be the change in the bond price?
Rycht now Abondel and a bond yield 12 some bad news causes a 10 Coupon year bond to be expectedly rated from this what would be the change in the bond prit 972 51.28 1025 Step by Step Solution
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Fundamentals of Investment Management
Authors: Geoffrey Hirt, Stanley Block
10th edition
0078034620, 978-0078034626
