Business
Business, 18.03.2021 01:20, kaylaelaine18

A 3 percent coupon bond, with 12 years left to maturity, is priced to offer a 8.5 percent yield to maturity. You believe that in two year, the yield to maturity will be 4.25 percent. What is the change in price of the bond, in dollars

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A 3 percent coupon bond, with 12 years left to maturity, is priced to offer a 8.5 percent yield to m...

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