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Business, 14.11.2019 23:31 steph1340

Assume you buy a bond with the following features bond maturity = 6 coupon rate = 7.00% face value = $1,000 annual coupons when you buy the bond the market interest rate = 7.00% immediately after you buy the bond the interest rate changes to 6.50% what is the price risk" effect in year 3 ? group of answer choices -$13.64 $13.24 -$13.24 $13.64 -$12.85 $12.85"

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Assume you buy a bond with the following features bond maturity = 6 coupon rate = 7.00% face value =...

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