Question: Question 9 1 p t s A bond has a FV of $ 1 , 0 0 0 , a price of $ 9 9

Question 9
1pts
A bond has a FV of $1,000, a price of $993.87, YTM of 6.2% and a duration of 7.883. What is the $ change in the price of the bond when its YTM falls by 0.25%?[Note: the question asks for the change in price rather than the new price.]
Question 9 1pts A bond has a FV of $1,000, a

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