Consider a 7% coupon bond with 2 years to maturity and a face value of...
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Consider a coupon bond with years to maturity and a face value of $ Assume the bond is trading at a yield of Approximate the percentage change in price using duration if yield goes down by basis points. Coupons are paid semiannually. Assume semiannual compounding. Express your answer in basis points, and round to two decimal places. If your answer is a price decline, then include the negative sign in your answer.
Consider a coupon bond with years to maturity and a face value of $ Assume the bond is trading at a yield of Approximate the percentage change in price using duration if yield goes down by basis points. Coupons are paid semiannually. Assume semiannual compounding.
Express your answer in basis points, and round to two decimal places. If your answer is a price decline, then include the negative sign in your answer.
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