Question: The table below shows the time to maturity for 3 bonds, a 2-year, 3-year, and 5-year. Each annual coupon bond has a yleld to maturity
The table below shows the time to maturity for 3 bonds, a 2-year, 3-year, and 5-year. Each annual coupon bond has a yleld to maturity of 6.97% and a coupon rate of 3.49%. Estimate the percent change in bonds price to a percent change in one plus the interest rate, assuming a 10 basis point change in the interest rates
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