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Mathematics, 13.07.2021 03:00 natalie2sheffield

Bond Dave has a 6 percent coupon rate, makes semiannual payments, a 3 percent YTM, and 10 years to maturity. If interest rates suddenly rise by 4 percent, what is the percentage change in the price of Bond Dave? Enter the answer with 4 decimals (e. g. 0.0123).

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