13. Calculate the percentage change in a bond's price if its current yield is 8 percent, rates are expected to decrease by 0.25% and the bond's duration is 7.5. 1.875%- b. -1.875% c. 1.736% d. -1.736% 15002520.01975 x\

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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13. Calculate the percentage change in a bond's price if its current yield is 8 percent, rates are
expected to decrease by 0.25% and the bond's duration is 7.5.
1.875%-
b. -1.875%
c. 1.736%
d. -1.736%
15002520.01975 x\
Transcribed Image Text:13. Calculate the percentage change in a bond's price if its current yield is 8 percent, rates are expected to decrease by 0.25% and the bond's duration is 7.5. 1.875%- b. -1.875% c. 1.736% d. -1.736% 15002520.01975 x\
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