Now you are going to do pretty much the same thing in this, Ask an Expert

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Now, you are going to do pretty much the same thing in this problem as you did in the last. This problem concerns your second bond. This second bond has a 11.25% coupon, pays coupons annually, matures in 12 years, and yields 10%. If the required yield rises to 12%, what is the percentage price change? Answer in percent to three decimal places.

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Financial Management, Finance

Category:- Financial Management
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