Question: Consider a bond that pays a 4,5% coupon annually with 10 years to maturity. The amount percentage point that the yield-to-maturity of the bond will
Consider a bond that pays a 4,5% coupon annually with 10 years to maturity. The amount percentage point that the yield-to-maturity of the bond will change if its price drops from $850 to $800 is 1.12% 140% 075% +0.80%
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