+1 4853618276 support@regentessays.com

Suppose you purchase a 5 year 5% annual bond that has a YTM of 6%. What is the duration of this bond? Estimate the change in the price of this bond for a 50 basis point increase in the YTM. Estimate the change in the price of this bond for a 50 basis point decrease in the YTM.

Order Your Custom Essay
Order Your Custom Essay