Business, 31.03.2020 02:21 Hosanna130

You bought a bond one year ago for $1,070.85. This bond pays a semi-annual coupon at the rate of 8.4% and matures 19 years from today. What is the percentage change in price from last year until today if interest rate have fallen and a fair yield for this bond is now 7.2%? (a) + 10.34% (b) + 4.89% (c) - 17.16% (d) + 4.66% (e) - 4.66%

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You bought a bond one year ago for $1,070.85. This bond pays a semi-annual coupon at the rate of 8.4...

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