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Title: Jordan bought a 4% semi-annual coupon bond with 25 years to maturity at par value of $1,000. If the ... Post by: blankship on Mar 21, 2022 Jordan bought a 4% semi-annual coupon bond with 25 years to maturity at par value of $1,000. If the required rate of return (yield to maturity) of this bond increases to 4.25%, by how much does the value of the bond change?
▸ the price falls by $37.04 ▸ the price increases by $39.28 ▸ the price falls by $38.27 ▸ The value does not change if Jordan intends to hold the bond to maturity. Title: Jordan bought a 4% semi-annual coupon bond with 25 years to maturity at par value of $1,000. If the ... Post by: goodone14 on Mar 21, 2022 Content hidden
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