23. The yield value of a price change is determined by calculating the difference between the yield...

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23. The yield value of a price change is determined by calculating the difference between the yield to maturity if the bond’s price was increased/decreased by one tick.

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Measuring And Controlling Interest Rate And Credit Risk

ISBN: 9780471268062

2nd Edition

Authors: Frank J. Fabozzi, Steven V. Mann, Moorad Choudhry

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