A 9-year bond has a yield of 60 and a durattion of 7982


A 9-year bond has a yield of 6.0% and a durattion of 7.982 years. if the market yield increases by 35 basis point, what is the percentage change in the bond's price

 

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Finance Basics: A 9-year bond has a yield of 60 and a durattion of 7982
Reference No:- TGS0969389

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