Question
You own an annual coupon bond with a duration of 11.11 years and a convexity of 128.62. The bond is currently priced at $805.76 and
You own an annual coupon bond with a duration of 11.11 years and a convexity of 128.62. The bond is currently priced at $805.76 and the yield to maturity is currently 6%. However, you expect the yield to maturity to increase to 8%. What will be the new price of the bond?
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Campaign Finance Legislation In Congress
Authors: Joseph E. Cantor, R. Sam Garrett
1st Edition
1604566574, 9781604566574
