You have a 25-year maturity, 11.0% coupon, 11.0% yield bond with a duration of 10 years and a convexity of 136.5. If the interest rate
| You have a 25-year maturity, 11.0% coupon, 11.0% yield bond with a duration of 10 years and a convexity of 136.5. If the interest rate were to fall 135 basis points, your predicted new price for the bond (including convexity) is _________. |
$1,134.00
$1,090.09
$1,109.16
$1,121.60
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Authors: Robert D. Edwards, John Magee
6th Edition
1599180219, 978-0139043437
