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A bond has a coupon rate of 6 percent, 9 years to maturity, semiannual interest payments,...

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Finance

A bond has a coupon rate of 6 percent, 9 years to maturity,semiannual interest payments, and a YTM of 8 percent. If interestrates suddenly rise by 2 percent, what will be the percentagechange in the bond price? Group of answer choices -13.9 percent+14.0 percent -12.3 percent -14.0 percent -11.4 percent

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Suppose the face value of the bond1000Annual coupon rate6As the interest is paid semiannually the semiannual couponrate623Coupon    See Answer
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A bond has a coupon rate of 6 percent, 9 years to maturity,semiannual interest payments, and a YTM of 8 percent. If interestrates suddenly rise by 2 percent, what will be the percentagechange in the bond price? Group of answer choices -13.9 percent+14.0 percent -12.3 percent -14.0 percent -11.4 percent

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