Bond X Bond Y N (semi-annual) 10 12 Rd (semi-annual) 3.5% 3.5% PMT (semi-annual) 35 35...

	Bond X	Bond Y
N (semi-annual)	10	12
Rd (semi-annual)	3.5%	3.5%
PMT (semi-annual)	35	35
PV	-1000	-1000
FV	1000	1000

If interests rates rise 1.25% on an annual basis, what will be the change in value of price due to duration for Bond X? and Bond Y?

Expert Solution

jeff jeffy answered 1 year ago

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