Consider a bond with a 3.5-year duration. If its yield-to-maturity increases from 8.0% to 8.3%, what is

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Consider a bond with a 3.5-year duration. If its yield-to-maturity increases from 8.0% to 8.3%, what is the expected percentage change in the price of the bond?

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Fundamentals of Investments

ISBN: 978-0132926171

3rd edition

Authors: Gordon J. Alexander, William F. Sharpe, Jeffery V. Bailey

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Question Posted: Mar 16, 2016 03:00 AM

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Consider a bond with a 3.5-year duration. If its yield-to-maturity increases from 8.0% to 8.3%, what is

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The relationship between a bonds duration a given ch...View the full answer

Fundamentals of Investments

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