only answer to question 10 A bond has a price of $980, a coupon rate...
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Finance
only answer to question 10
A bond has a price of $980, a coupon rate of 5% payable annually (year-end) and exactly 5 years to maturity. (answer 5.47%) 9. Refer to the information in question 8 to answer this question( answer $810.46). 10. Refer to questions 8 and 9 to answer this question. What would be the duration estimated price (not exact) for the same bond as in 8 and for the same yield change as given in 9? A) $707.07 B) $788.81 C) $810.46 D) $933.33 E) $1216.47
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