A 10-year bond paying a 10 semiannual coupon is priced at


A 10-year bond paying a 10%(semiannual)coupon is priced at 90.50% od face value. if the current yield changes to 12%, what will be the new of the bond?

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Financial Econometrics: A 10-year bond paying a 10 semiannual coupon is priced at
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