If the market interest rate suddenly goes up from 10 t0 15, Corporate Finance

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If the market interest rate suddenly goes up from 10 t0 15

Question - An 8% Bond with remaining maturity of 8 years is quoted in the Band Market at 89.33 at current going market interest rate of 10%. If the market interest rate suddenly goes up from 10% t0 15%, the Price of this Bond would Change by what percentage?

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Corporate Finance: If the market interest rate suddenly goes up from 10 t0 15

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Corporate Finance: If the market interest rate suddenly goes up from 10 t0 15

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