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You find a zero coupon bond with a par value of $ 1 0 , 0 0 0 and 1 8 years to maturity. The
You find a zero coupon bond with a par value of $ and years to maturity. The yield to maturity on this bond is percent. Assume semiannual compounding periods. What is the price of the bond?
Note: Do not round intermediate calculations and round your answer to decimal places, eg
Both Bond Sam and Bond Dave have percent coupons, make semiannual payments, and are priced at par value. Bond Sam has years to maturity, whereas Bond Dave has years to maturity. Both bonds have a par value of
If interest rates suddenly rise by percent, what is the percentage change in the price of these bonds?
Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers as a percent rounded to decimal places, eg
If rates were to suddenly fall by percent instead, what would be the percentage change in the price of these bonds?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
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