You have a bond with a duration of 6 years interest rates


You have a bond with a duration of 6 years. Interest rates are currently 7% but you believe the Fed is about to increase the interest rates by 25 basis points. What is the predicted price change on the bond? *If there is a way to put it into a financial calculator, please show those steps!

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Financial Management: You have a bond with a duration of 6 years interest rates
Reference No:- TGS01706100

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