Business, 30.03.2021 14:00 bombbomb2157
An annual payment bond has a 15 percent required rate of return. Interest rates are expected to decrease 72 basis points. If the bond's duration is 13 year what is the percentage change in bond's price? (write your answer in % and round it to 2 decimal places)
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An annual payment bond has a 15 percent required rate of return. Interest rates are expected to decr...
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