Question: Right now Aaa bonds yield 54 and Baa bonds yield 11%. If some bad news causes a 6% coupon rate 19 year bond to be
Right now Aaa bonds yield 54 and Baa bonds yield 11%. If some bad news causes a 6% coupon rate 19 year bond to be unexpectedly uprated from Baa to Aaa, what would be the change in the bond price? Answers 84 34 72.5% 97.3 112.6%
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