8. (Bondholder's expected rate of return) Joel Silverton's Inc. is selling bonds for $700. It has an 8% coupon rate and
Posted: Sun Jul 03, 2022 12:57 pm
8. (Bondholder's expected rate of return) Joel Silverton's Inc. is selling bonds for $700. It has an 8% coupon rate and makes payments semi-annually. The bond matures in 25 years. What is the bond's expected rate of return? 9. (Duration) How much will a bond with a duration of 4 and worth $900 change in price if the YTM increases by 2%?