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Business, 25.07.2020 01:01 phil820

A $ 1 comma 000 bond with a coupon rate of 6.2% paid semiannually has two years to maturity and a yield to maturity of 6%. If interest rates fall and the yield to maturity decreases by 0.8%, what will happen to the price of the bond?

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A $ 1 comma 000 bond with a coupon rate of 6.2% paid semiannually has two years to maturity and a yi...
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