Blackberry bond has a 5 coupon rate while apple bond has a
Blackberry bond has a 5% coupon rate while Apple bond has a 2 % coupon rate. Both bonds have $1,000 par value, 14 years to maturity, and YTM of 3%. If the market interest rates just rise by 1%, what is the percentage price change of these bonds?
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blackberry bond has a 5 coupon rate while apple bond has a 2 coupon rate both bonds have 1000 par value 14 years to
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