A bond with a face value of $1000, a coupon rate of 5%, annual coupon payments, a

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A bond with a face value of $1000, a coupon rate of 5%, annual coupon payments, a 4 year of maturity, and 6% yield-to-maturity. Using duration approximation, what is the change in price for a 0.4% increase in yield to maturity ?

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Marketing management

ISBN: 978-0132102926

14th Edition

Authors: Philip Kotler, Kevin Lane Keller

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Posted Date: Jan 12, 2021 08:56 AM

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A bond with a face value of $1000, a coupon rate of 5%, annual coupon payments, a

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Marketing management

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