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 30^th, 2006

Maturity date:January 31^st, 2010

Next coupon payment date:January, 31^st, 2007

Accrued Coupon ( millions):6356.16

Price:101.830

Yield moves up one basis point

Compute New Bond Price using Duration

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Financial Accounting and Reporting

ISBN: 978-0273744443

14th Edition

Authors: Barry Elliott, Jamie Elliott

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Posted Date: Apr 16, 2024 07:52 AM

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Given the following 4% bond. Today's date:March 30 th , 2006 Maturity date:January 31 st , 2010

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Answer To compute the new bond price using duration we need to follow these steps Calculate the bond... View the full answer

Financial Accounting and Reporting

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