Question: Path: QUESTION 15 A band has a Macaulay's duration of 10.5 years. If rates changes from 6.2% to 5.1%, what will be the age change
Path: QUESTION 15 A band has a Macaulay's duration of 10.5 years. If rates changes from 6.2% to 5.1%, what will be the age change bonds price? Please write the answer in TWO decimal places and NOT PERCENTAGE
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
