Question
You have a 25-year maturity, 9.0% coupon, 9.0% yield bond with a duration of 10 years and a convexity of 134.5. If the interest rate
You have a 25-year maturity, 9.0% coupon, 9.0% yield bond with a duration of 10 years and a convexity of 134.5. If the interest rate were to fall 115 basis points, your predicted new price for the bond (including convexity) is
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The Essential Credit Repair Handbook
Authors: Deborah McNaughton
1st Edition
160163160X, 978-1601631602
