mchunt8278 mchunt8278

15-11-2022
Business

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an eight-year bond paying coupons annually has a yield of 12% and a duration of 7.198 years. if the bond's yield changes by 50 basis points, what is the percentage change in the bond's price? (input the value as a positive value. do not round intermediate calculations. round your answer to 2 decimal places.)

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