A 5.8 percent, 15year bond is currently priced at $924.55. The required yield is 6.6 percent. The
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A 5.8 percent, 15‐year bond is currently priced at $924.55. The required yield is 6.6 percent. The yield immediately changes to 6.7 percent. What is the new price of the bond?
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Related Book For
Investments Analysis And Management
ISBN: 9781118975589
13th Edition
Authors: Charles P. Jones, Gerald R. Jensen
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