A bond has a duration of 7.2 and the current yield-to-maturity is 5.49%. If the current bond's price is $1,116.47 what i
Posted: Sat Nov 27, 2021 5:27 pm
A bond has a duration of 7.2 and the current yield-to-maturity
is 5.49%. If the current bond's price is $1,116.47 what is
predicted to be the bond's new price if interest rates suddenly
jump upwards by 0.57%? State your answer as a dollar amount with
two decimal places.
is 5.49%. If the current bond's price is $1,116.47 what is
predicted to be the bond's new price if interest rates suddenly
jump upwards by 0.57%? State your answer as a dollar amount with
two decimal places.