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what will happen to the price of the bond?

16 / 01 / 2019 Research Papers

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Bonds 1 answer below » A $5000 bond with a coupon rate of 6.4% paid semiannually has four years to maturity and a yield to maturity of 6.2%. If interest rates falls
and the yield to maturity decreases by 0.8% , what will happen to the price of the bond? a) fall by $40.49 b) rise by $142.78 c) fall by $98.64 d) rise by $84.46 Jan 10 2014 08:38 PM

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