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Business & Finance
Tutor: None Selected Time limit: 1 Day

What is the percentage change in price for a zero coupon bond if the yield changes from 8.5% to 9%? The bond has a face value of $1,000 and it matures in 15 years. Use the price determined from the first yield, 8.5% as the base in percentage calculation. (Round to two decimal Places)

 

Jul 6th, 2015

Thank you for the opportunity to help you with your question! Hi, He observes that work expands so as to fill the time available for its completion.

kindly if the answer is not correct just send me a message but don't make a negative review.

i will advice you further.

attached is the answer i got.answer.pdf 

Please let me know if you need any clarification. I'm always happy to answer your questions.
Jul 6th, 2015

It state that this answer is incorrect?

Jul 6th, 2015

You there?

Jul 6th, 2015

Just to ask kindly what were the multiple choices you were given because this time round I tried to be very cautious in my multiplication

Jul 6th, 2015

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Jul 6th, 2015
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Jul 6th, 2015
Dec 9th, 2016
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