Business
Business, 25.07.2020 17:01, bhelsea15

A bond with a 8-year duration is worth $1,087, and its yield to maturity is 8.7%. If the yield to maturity falls to 8.47%, you would predict that the new value of the bond will be approximately .

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A bond with a 8-year duration is worth $1,087, and its yield to maturity is 8.7%. If the yield to ma...

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