For the following four (4) questions, consider a 4-year, $1,000 par value, 7 percent annual coupon bond that is trading to yield 7 percent. 9b-19 What is the duration of this bond? a. 4.000 years. b. 3.557 years. C. 2.000 years. d. 3.624 years. e. Answer: 3.847 years. Ꭰ 9b-20 If interest rates increase to 8 percent, what is the amount of error (Pduration - Pmarket) in the price estimate using the duration relationship versus the true bond price determined in the market? a. +$0.12. b. -$0.75. C. -$4.26. d. +$0.75. e. -$0.12. B Answer:
For the following four (4) questions, consider a 4-year, $1,000 par value, 7 percent annual coupon bond that is trading to yield 7 percent. 9b-19 What is the duration of this bond? a. 4.000 years. b. 3.557 years. C. 2.000 years. d. 3.624 years. e. Answer: 3.847 years. Ꭰ 9b-20 If interest rates increase to 8 percent, what is the amount of error (Pduration - Pmarket) in the price estimate using the duration relationship versus the true bond price determined in the market? a. +$0.12. b. -$0.75. C. -$4.26. d. +$0.75. e. -$0.12. B Answer:
Chemistry for Engineering Students
4th Edition
ISBN:9781337398909
Author:Lawrence S. Brown, Tom Holme
Publisher:Lawrence S. Brown, Tom Holme
Chapter9: Energy And Chemistry
Section: Chapter Questions
Problem 9.16PAE: 9.16 According to Figure 9.2, the total energy supply in the United States in 2016 was 111.261015...
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