Question: A zero - coupon bond is maturing in 5 years. The issuer is rated at BBB , with the average yield spread with the treasury
A zerocoupon bond is maturing in years. The issuer is rated at BBB with the average yield spread with the treasury of bps The yield on a fiveyear STRIP is Recently, the market condition worsened, and the yield spread of BBB with the treasury increased to bps Whats the price change associated with this market dynamic?
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