Business
Business, 17.03.2020 05:20, sadielebaron

Consider a one-year maturity, $100,000 face value bond that pays a 6 percent fixed coupon annually. If the bond is selling at par, what is the percentage price change for the bond if interest rates increase 50 basis points from 6 percent

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Consider a one-year maturity, $100,000 face value bond that pays a 6 percent fixed coupon annually....

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