A zero-coupon bond with 12 years to maturity, trading for $918.5 and is expected to have it’s annual YTM jump by 1% when
Posted: Thu May 19, 2022 12:30 am
A zero-coupon bond with 12 years to maturity, trading for $918.5
and is expected to have it’s annual YTM jump by 1% when the Federal
Reserve announces its rate adjustments. What is the duration
estimated price change (in dollars,$) when the announcement is
made?
and is expected to have it’s annual YTM jump by 1% when the Federal
Reserve announces its rate adjustments. What is the duration
estimated price change (in dollars,$) when the announcement is
made?