A 12-year 5 coupon bond pays interest annually the bond has
A 12-year, 5% coupon bond pays interest annually. The bond has a face value of $1,000. What is the change in the price of this bond (give me a percentage change) if the market yield rises to 6% from the current yield of 4.5%?
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a 12-year 5 coupon bond pays interest annually the bond has a face value of 1000 what is the change in the price of
explain how a long term bonds price is impacted in opposite directions when the required rate of return on the bond
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