The yield value of a 32^nd is the change needed in which one of the following to cause a bond's price to change by 1/32^nd?

Question

Quizplus · Accepted Answer

Yield to maturity is the rate of return anticipated on a bond if it is held until it matures. It takes into consideration the current price of the bond, its face value, the coupon rate, and the time remaining until maturity. Therefore, a change in yield to maturity would directly impact the bond's price, making it the best choice to affect a change of 1/32^nd in its price.

The Yield Value of a 32nd Is the Change Needed

The Yield Value of a 32^nd Is the Change Needed