Question: 28. DUR* = 8.5, if increase interest rate on the bond (A) to 0.05, the change in price of bond is (2 Points) a. 0.0822

 28. DUR* = 8.5, if increase interest rate on the bond

28. DUR* = 8.5, if increase interest rate on the bond (A) to 0.05, the change in price of bond is (2 Points) a. 0.0822 b. 0.0525 O C. - 0.0425 d. none

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!