Coupon bond outstanding, The Faulk Corp. has a 6 percent

Coupon bond outstanding

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Reference no: EM13849064

The Faulk Corp. has a 6 percent coupon bond outstanding. The Gonas Company has a 13 percent bond outstanding. Both bonds have 8 years to maturity, make semiannual payments, and have a YTM of 9.5 percent. If interest rates suddenly fall by 2 percent, the percentage change in price of Faulk Corp. and Gonas Company is______ percent and _______ percent, respectively.

Reference no: EM13849064

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Coupon bond outstanding : The Faulk Corp. has a 6 percent coupon bond outstanding. The Gonas Company has a 13 percent bond outstanding. Both bonds have 8 years to maturity, make semiannual payments, and have a YTM of 9.5 percent. If interest rates suddenly fall by 2 percent, ..

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