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Today, the price of a bond that offers a safe promise of $ 1 0 0 0 in one year is $ 9 5 0
Today, the price of a bond that offers a safe promise of $ in one year is $
a What is the implied interest rate?
b If the bond's interest rate suddenly jumped up by basis points, what would the bond price be
c How much would an investor gainlose if she held the bond while the interest rate jumped up by these basis points?
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