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Unformatted text preview: Warren Buffett: If yield declines, the price of my investment increases Which of these bonds gives me the highest % increase in price? A decrease in yield has greatest impact on long-maturity bonds 5. o i. Annual return: 7% x $100 = $7 and $100 in year 5 GoalSeek in what if? Analysis under Data tab in Excel Annualized YTM = semi-annual yield x 2...
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- Spring '08
- Corporate Finance