Solution-Calculate the change in duration for this bond

Calculate the change in duration for this bond

Reference no: EM133187992

Question - Consider a 3-year bond with a face value of$250 paying an annual coupon of 6%. Now suppose that interest rates rise from 7% to 10% per annum. Calculate the change in duration for this bond.

Reference no: EM133187992

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Calculate the change in duration for this bond

Reference no: EM133187992

Reference no: EM133187992

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