Diff selection: Mark the radio buttons of the revisions to compare and hit enter or the button at the bottom.
Legend: (cur) = difference with latest revision, (prev) = difference with preceding revision, m = minor edit.
Legend: (cur) = difference with latest revision, (prev) = difference with preceding revision, m = minor edit.
| rev | Admin | (Created page with "A 20-year bond priced to have an annual effective yield of 10% has a Macaulay duration of 11. Immediately after the bond is priced, the market yield rate increases by 0.25%. The bond's approximate percentage price change, using a first-order Macaulay approximation, is X. Calculate X. <ul class="mw-excansopts"><li>–2.22%</li><li>–2.47%</li><li>–2.50%</li><li>–2.62%</li><li>–2.75%</li></ul> {{soacopyright | 2023 }}") | Nov 20'23 at 1:05 | +429 |