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Business, 08.04.2020 03:07 joelpimentel
Bond J has a coupon rate of 5 percent and Bond K has a coupon rate of 11 percent. Both bonds have 14 years to maturity, make semiannual payments, and have a YTM of 8 percent. a. If interest rates suddenly rise by 2 percent, what is the percentage price change of these bonds?
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Bond J has a coupon rate of 5 percent and Bond K has a coupon rate of 11 percent. Both bonds have 14...
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