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Business, 03.03.2020 00:52 mackenziemelton26

A bond has a coupon rate of 8 percent, 7 years to maturity, semiannual interest payments, and a YTM of 7 percent. If interest rates suddenly rise by 1.5 percent, what will be the percentage change in the bond price?

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A bond has a coupon rate of 8 percent, 7 years to maturity, semiannual interest payments, and a YTM...
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