What is the expected price change for a coupon bond with duration of 2.79 years and face

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What is the expected price change for a coupon bond with duration of 2.79 years and face value of $1000 if interest rates drop from 12% to 11.5%.

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Fundamentals of Financial Management

ISBN: 978-0324664553

Concise 6th Edition

Authors: Eugene F. Brigham, Joel F. Houston

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Posted Date: May 31, 2023 01:38 AM

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What is the expected price change for a coupon bond with duration of 2.79 years and face

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To calculate the expected price change for a coupon bond with a duration of 279 years we can use the ... View the full answer

Fundamentals of Financial Management

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