Question
You are interested in two bonds.Coupons are paid annually.Which bonds price will change more (in percentage terms) as interest rates fall? Why? Explain your answers.
You are interested in two bonds.Coupons are paid annually.Which bonds price will change more (in percentage terms) as interest rates fall? Why? Explain your answers.
| A | Matures in | Coupon Rate | Current Price |
| B | 5 years | 8% | $1000.00 |
| C | 10 years | 5% | $798.70 |
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Credentialing Audits Tools For Compliance And Reduced Liability
Authors: CPMSM Vicki L. Searcy
1st Edition
1578398584, 978-1578398584
