A 30-year bond has a 7 once a year coupon and an 8 yield to
Question: A 30-year bond has a 7% (once a year) coupon and an 8% yield to maturity.
A) What is the modified duration?
B) Without using convexity, if the yield changes to 10%, how much will the price of the bond change (in %)?
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question a 30-year bond has a 7 once a year coupon and an 8 yield to maturitya what is the modified durationb without
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