A bond pays 10% coupon once per year. The bond's yield to maturity is 12% and its duration is 15 years. What will be the
Posted: Sun Apr 10, 2022 8:44 am
A bond pays 10% coupon once per year. The bond's yield to maturity is 12% and its duration is 15 years. What will be the percentage change in the bond's price if its yield to maturity decreases by 20 basis points? 2.68% O 0.268% -2.68% -0.268%