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e. ABC Bank has a AAA-rated, 15-year zero-coupon bond with a face value of $400 million. The yield to maturity (YTM) on
Posted: Sun Apr 10, 2022 8:42 am
by answerhappygod
- E Abc Bank Has A Aaa Rated 15 Year Zero Coupon Bond With A Face Value Of 400 Million The Yield To Maturity Ytm On 1 (44.07 KiB) Viewed 19 times
e. ABC Bank has a AAA-rated, 15-year zero-coupon bond with a face value of $400 million. The yield to maturity (YTM) on the bond is currently 9.5 percent i) What is the modified duration of this bond? ii) What is the price volatility if the potential adverse move (change) in yield is 25 basis points?