You have a 20 year bond that is worth 1000 at 240 base points. After 5 years
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You have a 20 year bond that is worth 1000 at 240 base points. After 5 years the YTM on the 15 year bonds has risen to 2.4% and the AA rated bonds are still 240 base points what is the new price on the bond
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Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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