微信扫一扫
实时资讯全掌握
|
A 12-year, 8 percent semiannual coupon bond with $100 par value currently trades at $78.75 and has an effective duration of 9.8 years and a convexity of 130.0. What is the price of the bond if the yield falls by 150 basis points? A. $67.17. B. $86.47. C. $95.43. D. $91.48. |