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Question 32 1 pts A bond currently sells for $1.230, which gives it a yield to maturity of 8%. Suppose that if the yield
Posted: Mon May 02, 2022 9:42 am
by answerhappygod
- Question 32 1 Pts A Bond Currently Sells For 1 230 Which Gives It A Yield To Maturity Of 8 Suppose That If The Yield 1 (24.82 KiB) Viewed 36 times
Question 32 1 pts A bond currently sells for $1.230, which gives it a yield to maturity of 8%. Suppose that if the yield increases by 30 basis points, the price of the bond falls to $1,210. What is the modified duration of this bond? (Round intermediate calculations and final answer to 2 decimal places.) O 2.76 years 5.42 years 4.21 years 3.27 years • Previous Next