A bond has a YTM of 6.75%, a modified duration of 14.05 years, a duration of 15 years and a 20 year maturity. By what percentage will the bond's price change if market interest rates decrease by 0.75%?
A) -0.750 percent
B) +0.750 percent
C) +10.53 percent
D) -10.53 percent
Answer: C
Business
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Marketers are most likely to recognize an action as unethical when:
a. there is a greater degree of agreement among managerial peers that the action is harmful. b. there is a long time gap between the action and the onset of negative consequences. c. fewer individuals in the organizations are likely to get affected by the action. d. top managers exercise little control over the organizational culture.
Business
In a short essay, list and describe the four forms of general business sources that are categorized as external secondary data
What will be an ideal response?
Business