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Business, 24.07.2020 18:01 jynaepooh

A bond currently has a price of $1,050. The yield on the bond is 7%. If the yield increases 23 basis points, the price of the bond will go down to $1,037. The duration of this bond is years.

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A bond currently has a price of $1,050. The yield on the bond is 7%. If the yield increases 23 basis...

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