Fill This Form To Receive Instant Help
Homework answers / question archive / Consider a 6% annual coupon bond with $ 1,000 face value and 4 years to maturity
Consider a 6% annual coupon bond with $ 1,000 face value and 4 years to maturity. If the price of the bond is 966.13 TL for a yield up to 7% maturity, what will be the approximate price foreseen according to its duration when the yield decreases to 6.5%?
Already member? Sign In