Answer to Question #98033 in Finance for Amanda

Question #98033
Calculate the price change for a 1-percent decrease in market yield for the following bond: par = $1,000; coupon rate = 8 percent, paid semi-annually; market yield = 8 percent; term to maturity = 10 years
1
Expert's answer
2019-11-08T06:24:39-0500
Dear Amanda, your question requires a lot of work, which neither of our experts is ready to perform for free. We advise you to convert it to a fully qualified order and we will try to help you. Please click the link below to proceed: Submit order

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