Q4. BOND PRICE SENSITIVITY - 6 MARKS Consider a 6-year zero-...
Q4. BOND PRICE SENSITIVITY - 6 MARKS Consider a 6-year zero-...
Q4. BOND PRICE SENSITIVITY - 6 MARKS Consider a 6-year zero-coupon bond and a 6-year coupon bond with 8% annual coupons. Required: A. Estimate the percentage change in price of the zero-coupon bond if...