Question
Use the table for the question below. Consider the following four bonds that pay annual coupons: Bond Years to Maturity Coupon YTM A 1 0%
Use the table for the question below. Consider the following four bonds that pay annual coupons:
Bond Years to Maturity Coupon YTM A 1 0% 5% B 5 6% 7% C 10 10% 9% D 20 0% 8%
What is the percentage change in the price of the bond "C" if its yield to maturity increases by 1% point from 9% to 10%?
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Introduction To Estimating Economic Models
Authors: Atsushi Maki
1st Edition
0415589878, 978-0415589871
