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Business, 01.12.2021 02:50 jumanar9472

A 30-year maturity bond making annual coupon payments with a coupon rate of 14.0% has duration of 10.04 years and convexity of 147.1. The bond currently sells at a yield to maturity of 10%. Required: a. Find the price of the bond if its yield to maturity falls to 9%.

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A 30-year maturity bond making annual coupon payments with a coupon rate of 14.0% has duration of 10...
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