Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. a nine year bond paying coupons annually has a yie

a nine year bond paying coupons annually has a yield of 10% and a duration...

90.2K

Verified Solution

Question

Finance

a nine year bond paying coupons annually has a yield of 10% and a duration of 7.179 years. If the bond yield changes by 75 basis points what is the percentage change in the bond price?

change in bond price increase? or Decrease? price

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

In a community, the dominant species is..... 1) the species that crates many niches. 2) the species...

Biology
Q

Steps in tissue processing for paraffin sections ? please give detailing long answer

Medical Sciences
Q

Consider a filter where the output current was considerable (most of the Iin becomes Iout). Would...

Physics
Q

only Answer part 4,5 and 6 of this question, thank you ! A -4.00 nC point...

Physics
Q

1)discuss which accounting treatment (IFRS, U.S. GAAP, or another new treatment from your own insight) is...

Accounting
Q

Mycobacterium O is revealed by the spore stain O is insensitive to lysozyme O is...

Biology
Q

2 100 Determine the magnitude and coordinate direction angles of the resultant force acting at...

Statistics
Q

n average a certain intersection results in an average of 1 3 traffic accidents pe...

Statistics
Q

The Going Concern assumption of an entity is relevant for audit purposes both at the...

Accounting
Q

Consider the dollar change and the percentage change in Net (Loss)/Income, and the dollar change...

Accounting
Q

On january 2. Liberty Corporation was authorized to issue 240,000 shares of $5 par value...

Accounting
Q

Marigold Corp. is considering investing in an annuity contract that will return $32,500 annually at...

Accounting