Question
The outstanding bonds of Alpha Extracts have a yield to maturity of 7.4 percent and a modified duration of 11.8. If the yield to maturity
The outstanding bonds of Alpha Extracts have a yield to maturity of 7.4 percent and a modified duration of 11.8. If the yield to maturity instantly decreased to 6.8 percent, the bond's price would increase/decrease by ________ percent.
| 1.45 | ||
| -7.08 | ||
| 7.08 | ||
| 5.72 | ||
| -5.67 |
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Accounting Comes Alive The Color Accounting Parable
Authors: Mark Robilliard ,Peter Frampton, Chang Chang, Mark Morrow, John Gorman
1st Edition
1450769608, 978-1450769600
