A 595 percent coupon bond with fifteen years left to, Financial Econometrics

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A 595 percent coupon bond with fifteen years left to

A 5.95 percent coupon bond with fifteen years left to maturity is priced to offer a 6.9 percent yield to maturity. You believe that in one year, the yield to maturity will be 6 percent. What is the change in price the bond will experience in dollars?

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Financial Econometrics: A 595 percent coupon bond with fifteen years left to

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