Question: Coupon Rate 5 % Face Value 1 0 0 0 Required rate of return 0 . 0 5 5 % Coupon Payment: $ 5 0

Coupon Rate 5% Face Value 1000 Required rate of return 0.055% Coupon Payment: $50 a. The bond has 10 years remaining to maturity. Semiannual periods 20 PV10 $1,038.52 b. The bond has 15 years remaining to maturity. Semiannual periods 30 PV15 $1,032.82 c. The bond has 20 years remaining to maturity. Semiannual periods 40 PV20 $1,027.16
What do your calculations imply about the relation between time to maturity and bond price volatility?

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