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SirJohnny SirJohnny
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6 months ago
A ten-year annual pay bond with a 5% coupon rate is trading with a market yield of 7.75%. What is the percentage change in price if the market yield decreases by 75 basis points immediately after the bond is issued?

▸ 5.61%

▸ 5.77%

▸ 5.67%

▸ 5.37%
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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LondonLondon
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#1
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6 months ago
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SirJohnny Author
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6 months ago
Just got PERFECT on my quiz
avance37
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Yesterday
this is exactly what I needed
prime7105
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2 hours ago
Thanks
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