What percentage change would occur in the price of the bond
Duration of a 7-year 9% bond issue was calculated to be 5.69 years. If the yield-to-maturity (“YTM”) is 4%, what percentage change would occur in the price of the bond if a 1% change occurred in the YTM?
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duration of a 7-year 9 bond issue was calculated to be 569 years if the yield-to-maturity ldquoytmrdquo is 4 what
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