Giant Tech bonds have 17 years until they mature and pay 12% interest semiannually on a...

Giant Tech bonds have 17 years until they mature and pay 12% interest semiannually on a par value of $1,000. The yield on Atwitter Tech bonds is currently 14%. What will be the percentage price increase in Groot bonds if the yield falls to 10%?

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jeff jeffy answered 1 year ago

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