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Business, 30.11.2021 04:20 hawaiisports8976
An investor purchased the following five bonds. Each bond had a par value of $1,000 and a 9% yield to maturity on the purchase day. Immediately after the investor purchased them, interest rates fell, and each then had a new YTM of 7%. What is the percentage change in price for each bond after the decline in interest rates
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An investor purchased the following five bonds. Each bond had a par value of $1,000 and a 9% yield t...
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