An ten-year bond has a yield of 11 and a duration of 7205


A(n) ten-year bond has a yield of 11% and a duration of 7.205 years. If the bond's yield changes by 75 basis points, what is the percentage change in the bond's price?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: An ten-year bond has a yield of 11 and a duration of 7205
Reference No:- TGS01710722

Expected delivery within 24 Hours