A bond's current price is $950.00 and it has a duration of 5 years. what will this

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A bond's current price is $950.00 and it has a duration of 5 years. what will this bond 's price be if the market interest rates fall from 9% to 7%?

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Bank Management

ISBN: 978-1133494683

8th edition

Authors: Timothy W. Koch, S. Scott MacDonald

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Posted Date: Feb 21, 2024 04:35 AM

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A bond's current price is $950.00 and it has a duration of 5 years. what will this

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Bank Management

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