Estimate the new bond price given changes on interest rates of +0.75% from the current...
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Accounting
- Estimate the new bond price given changes on interest rates of +0.75% from the current level (5%). The bond features are as follows:
Principle value = RMI,OOO; Maturity 12 years; YTM 6%; Coupon Rate 7%, Convexity Effect = 30.
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