Consider a 3-year maturity annual 9% coupon payingbond with a YTM of 12%. What is the Duration

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Consider a 3-year maturity annual 9% coupon payingbond with a YTM of 12%. What is the Duration of this bond?

What will be the predicted price of this (using Duration in the calculations) bond if the market yield increases by 100 basis points?

Related Book For answer-question

Fundamentals of Corporate Finance

ISBN: 978-1260153590

12th edition

Authors: Stephen M. Ross, Randolph W Westerfield, Robert R. Dockson, Bradford D Jordan

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Posted Date: Nov 26, 2023 05:49 AM

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Consider a 3-year maturity annual 9% coupon payingbond with a YTM of 12%. What is the Duration

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Fundamentals of Corporate Finance

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