Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business Finance
New Topic  
blankship blankship
wrote...
Go to Answer
Posts: 129
Rep: 0 0
2 years ago
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.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
Read 61 times
1 Reply
Replies
Answer verified by a subject expert
goodone14goodone14
wrote...
#1
Posts: 134
Rep: 0 0
2 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

blankship Author
wrote...

2 years ago
Smart ... Thanks!
byehoe
wrote...

Yesterday
Thank you, thank you, thank you!
sudenzia
wrote...

2 hours ago
This helped my grade so much Perfect
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1117 People Browsing
 101 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 644
  
 202
  
 110
Your Opinion
How often do you eat-out per week?
Votes: 79
Previous poll results: What percentage of nature vs. nurture dictates human intelligence?