You have a 25-year maturity, 10.8% coupon, 10.8% yield bond with a duration of 10 years and
Fantastic news! We've Found the answer you've been seeking!
Question:
You have a 25-year maturity, 10.8% coupon, 10.8% yield bond with a duration of 10 years and a convexity of 136.3. If the interest rate were to fall 133 basis points, your predicted new price for the bond (including convexity) is _________.
Posted Date: