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There is a bond which pays 10% coupon annually and maturity is 3 years from now. Yield to maturity is 10%. When interest rate fall
There is a bond which pays 10% coupon annually and maturity is 3 years from now.
Yield to maturity is 10%. When interest rate fall by 1% what is price change in this bond?
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Research In Finance
Authors: John W. Kensinger
1st Edition
0857245414, 978-0857245410
