question archive A $30,000 face value bond with a coupon rate of 6
A $30,000 face value bond with a coupon rate of 6
Subject:FinancePrice: Bought3
A $30,000 face value bond with a coupon rate of 6.4% per semi annually has 15 years to maturity and yield to maturity of 5.2% if interest rates rise and yield to maturity increases to 5.6% what will happen to the price of bond quantitatively ?
