There is a bond which pays 10% coupon annually and maturity is 3 years from now. Yield

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There is a bond which pays 10% coupon annually and maturity is 3 years from now. Yield to maturity is 10%. When interest rate fall by 1%.

What is price change in this bond?

Related Book For answer-question

Introduction to Operations Research

ISBN: 978-1259162985

10th edition

Authors: Frederick S. Hillier, Gerald J. Lieberman

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Posted Date: Jun 10, 2023 11:02 PM

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There is a bond which pays 10% coupon annually and maturity is 3 years from now. Yield

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The formula to calculate the approximate percentage price change in a bond due to a change in yield ... View the full answer

Introduction to Operations Research

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