Question: Please help asap. Please answer part 2 , 3 , 4 and 5 . Part 1 correct answer is already given Please give answer with
Please help asap. Please answer part and Part correct answer is already given
Please give answer with the min amount of decimals each question asks for.
Intro
A corporate bond has years to maturity, a coupon rate of a face value of $ and pays coupons semiannually. The market interest rate for similar bonds is
Part
What is the price of the bond in $
Answer:
Correct
Part
What is the bond's duration?
Give answer with decimals
Part
If yields fall by percentage points, what is the new expected bond price based on its duration in $
decimalPart
What is the actual bond price after the change in yields in $
decimals
Part
What is the difference between the two new bond prices in absolute $
decimals
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