The required rate of return on a certain bond changes from 12 percent to 8 percent, causing

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The required rate of return on a certain bond changes from 12 percent to 8 percent, causing the price of the bond to change from $900 to $1,100. Calculate the bond price elasticity of this bond .

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Financial Markets and Institutions

ISBN: 978-0077861667

6th edition

Authors: Anthony Saunders, Marcia Cornett

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Posted Date: Mar 28, 2023 12:30 AM

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The required rate of return on a certain bond changes from 12 percent to 8 percent, causing

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Financial Markets and Institutions

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