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The government of Ghana has issue maturity period 10years with a coupon of 10%. The bond promises Semi-annual payment. The bond was issued at par
The government of Ghana has issue maturity period 10years with a coupon of 10%. The bond promises Semi-annual payment. The bond was issued at par with face value of $1000 a. Calculate the price of the bond if market rate changes by 200 base point b. Calculate the current yield.
break down the calculation to easily understand this is under duration in capital and market course
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