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Business, 01.12.2021 01:40 tobydeathstirke

A ten-year bond paying coupons annually has a yield of 13% and a duration of 7.209 years. If the bond's yield changes by 50 basis points, what is the percentage change in the bond's price

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A ten-year bond paying coupons annually has a yield of 13% and a duration of 7.209 years. If the bon...
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