Question
This question is supposed to be B, how do I get that answer? A 4-year bond with a price of 100.696 exists. The Mccaulay duration
This question is supposed to be B, how do I get that answer?
A 4-year bond with a price of 100.696 exists. The Mccaulay duration on the bond is 3.674. If the yield rises from 5.8% to 6.2%, what is the new bond price as estimated by the duration?
(A) 98.40 (B) 99.30 (C) 100.60 (D) 101.40
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Financial Sector Reform And Privatization In Transition Economies
Authors: John Doukas, Victor Murinde, Clas Wihlborg
1st Edition
044482653X, 9780444826534
