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Solutions to in-calss exercises_Chapter 2

# Solutions to in-calss exercises_Chapter 2 - 3 4 5 6 8 5 37...

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1 Solution to in-class exercise 1   % 75 . 3 %) 5 . 0 ( 5 . 7 %) 4 . 10 - % 9 . 9 ( 5 . 7 - % 6 % 1 6 - ) % 5 . 6 % 5 . 7 ( 6 - = - × - = × - = × = - × i.e., 3.75%, by roughly increases price Bond b) i.e., 6%, by ely approximat decreases price bond duration, of definition the By a)

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2 Solution to in-class exercise 1 02 . 995 \$ %) 3 . 4 1 ( 954 \$ %.
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Unformatted text preview: 3 . 4 %) 5 . ( 6 . 8 . % 5 . % 37 . 8-% 87 . 7 ) c = + × = =-×--= = price bond new the So is price in increase percentage e approximat The yields in change The...
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Solutions to in-calss exercises_Chapter 2 - 3 4 5 6 8 5 37...

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