You hold a zero coupon bond when there is a sudden change in interest rates...
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You hold a zero coupon bond when there is a sudden change in interest rates It has 9 years to maturity Yield to maturity is 0 07 and rates change by FALLING 0 003 overnight By how much does your bond change in value as a percentage or decimal Zero coupon bonds assume semi annual compounding O 0 0250 O 0 0273 0 003
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