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THE POTENTIAL CHANGE IN INTEREST RATE NEXT YEAR IS 0.157 BOND A Has the following information face value is rm 1000, coupon rate 10 percent
THE POTENTIAL CHANGE IN INTEREST RATE NEXT YEAR IS 0.157
BOND A Has the following information face value is rm 1000, coupon rate 10 percent , yield to maturity 7 percent, time to maturity 10.
D.Estimate the change in this bonds pricing using both duration and convexity
do not do it in excel thanks in advance.
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