assume a bond in the Muscat stock market pays a 15 percent annual coupon rate...
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assume a bond in the Muscat stock market pays a 15 percent annual coupon rate and has a face value of 100 MR. The maturity yield on this bond is 10 percent and the maturity date 10 years. This bond has a Macaulay Duration of 5.71. The current market price is 110.50. Calculate the expected change in the bond price if the Current yield to maturity is expected to be 0.058. Select one: O a.-31.35 Ob. All the given answers in this question are wrong c. 24.09 O d. 31.35
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