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(Solved): MLK Bank has an asset portfolio that consists of $200 million of 15-year, 12.5 percent annual coupon ...



MLK Bank has an asset portfolio that consists of $200 million of 15-year, 12.5 percent annual coupon, $1,000 bonds that sell at par. The duration of these bonds is 7.462 years. What are the predicted bond prices in each of the four cases using the duration rule? Note: Do not round intermediate calculations. Enter all answers as positive numbers. Round your answers to 2 decimal places. (e.g., 32.16)



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