Business
Business, 16.12.2019 20:31, mal5546

An investor purchased the following five bonds. each bond had a par value of $1,000 and a 8% yield to maturity on the purchase day. immediately after the investor purchased them, interest rates fell, and each then had a new ytm of 5%. what is the percentage change in price for each bond after the decline in interest rates

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An investor purchased the following five bonds. each bond had a par value of $1,000 and a 8% yield t...

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