Then estimate the percentage change in the bonds price if


Find the duration of a 5% coupon bond that matures in 5 years and has a yield to maturity of 6%. Round intermediate steps to four decimals. Then Estimate the percentage change in the bond's price if the yield to maturity changes from 6% to 5.95%. Round intermediate steps and your final answer to four decimals.  Enter your answer in decimal format.

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Financial Management: Then estimate the percentage change in the bonds price if
Reference No:- TGS02800116

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