Crowdly
Add to Chrome
The current bond price is 99.65, the par value is 100, the remaining time to mat...
✅ The verified answer to this question is available below. Our community-reviewed solutions help you understand the material better.
The current bond price is 99.65, the par value is 100, the remaining time to maturity is 4.4 years and the modified duration of this bond is 3.5 years. If the yields are expected to decline by 75 bps, the expected new price is:
100%
0%
0%
0%