Question: Check my work 6 Problem 10-30 Using Duration (LO4, CFA3) vou o a bond e boend ioete m hat hes a coupo rat of 100

 Check my work 6 Problem 10-30 Using Duration (LO4, CFA3) vou

Check my work 6 Problem 10-30 Using Duration (LO4, CFA3) vou o a bond e boend ioete m hat hes a coupo rat of 100 percent and a yield to matuity of 8.s percent Suppose the ints a. What is the new price of the bond using duration and using the bond pricing formula? (Do not round intermediate calculations. Round your answers to 2 decimal places. eBook Print eferences Estimated price Actual price 1,125.31 b. Now suppose the original yield to maturity is increased by 1 percent. What is the new price of the bond? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Estimated prnice047 19 Actual price

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