Question: 7 Time for more duration - here are the variablesl solve for the highlighted metrics (THREE decimal places) to $1,000.0 par value EFFDUR 12.000% EFFCON
7 Time for more duration - here are the variablesl solve for the highlighted metrics (THREE decimal places) to $1,000.0 par value EFFDUR 12.000% EFFCON coupon rate YTM (yield to maturity) 2.000% 4 term frequency $120.00 coupon -1.500% that means the YTM changes by this amount If rates change by what is the estimated new PRICE (with both adjustments) EFFDUR and EFFCON
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