Business
Business, 08.11.2019 05:31, crystalstargala

Yield value of a price change is defined as the change in yield for $x change in price. assuming the par value is $1,000, what is the yield value of a $25 decrease of the following two bonds? (4 points) (1) a 7-year 5% semiannual bond with initial ytm 7.5%. (3 points) (2) a 7-year 10% semiannual bond with initial ytm 7.5%. (3 points)

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