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steveberrings steveberrings
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4 months ago
J&B Co. has 8.75% coupon bonds with a market yield rate of 9.25%. The bonds have fifteen years to mature and make annual interest payments. What is the percentage change in price for a 10% decrease in market yield?
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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livewelldreambilivewelldreambi
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