Question: Consider a two year bond with a 4% annual coupon and a face value of $100. The current yield is 4%. 1. What is the
Consider a two year bond with a 4% annual coupon and a face value of $100. The current yield is 4%. 1. What is the price of the bond? 2. What is the Duration of the bond? 3. If the yield rises to 5%, ...
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