Long description

The vertical axis is labeled "Bond price" and ranges form 800 to 1200 dollars in increments of 100 with a kink near origin. The horizontal axis is labeled "Years to maturity" and ranges from 5 to 0 percent in decrements of 1. The data shown in the graph is given in the following table.

Years to maturity Bond price (Dollars)
9 percent yield scenario 12 percent yield scenario 15 percent yield scenario
5 1,116.69 1,000.00 899.44
4 1,097.19 1,000.00 914.35
3 1,075.94 1,000.00 931.5
2 1,052.77 1,000.00 951.23
1 1,027.52 1,000.00 973.91
0 1,000.00 1,000.00 1,000.00

Get Financial Management: Principles and Applications, 13/e now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.