Given the following 4% bond. Today's date:March 30 th , 2006 Maturity date:January 31 st , 2010
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Given the following 4% bond.
Today's date:March 30th, 2006
Maturity date:January 31st, 2010
Next coupon payment date:January, 31st, 2007
Accrued Coupon ( millions):6356.16
Price:101.830
Yield moves up one basis point
Compute New Bond Price using Duration
102,429785 %
102,429793 %
102,465616 %
101,830000 %
Given the following 4% bond.
Today's date:March 30th, 2006
Maturity date:January 31st, 2010
Next coupon payment date:January, 31st, 2007
Accrued Coupon ( millions):6356.16
Price:101.830
Yield moves up one basis point
Compute New Bond Price using Full Recomputation
102,429785 %
102,429793 %
102,465616 %
101,830000 %
Expert Answer:
The detailed answer for the above question is provided below To compute the new bond price using duration we first need to calculate the Macaulay dura... View the full answer
Related Book For 
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
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