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You compute the Duration for ChapHop, Inc and find it to be 4.1. Analysts predict interest rates will go up by 1.5% next year. If
You compute the Duration for ChapHop, Inc and find it to be 4.1. Analysts predict interest rates will go up by 1.5% next year. If this indeed happens, what will happen to the price of the bond?
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Principles Of Finance
Authors: Scott Besley, Eugene F. Brigham
2nd Edition
003034509X, 9780030345098
