Question: 17- Consider a 5-year bond, 4% bond with a face value of euro 1,000 today at par. In one year's time interest rates have risen
17- Consider a 5-year bond, 4% bond with a face value of euro 1,000 today at par. In one year's time interest rates have risen to 4,5%. By how much will the value of the bond have changed? a) -17.94 -23.45 +45.21 0 132815
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