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Business, 08.11.2020 19:10 EbonyMontricee

A 12-year, 5% coupon bond pays interest annually. The bond has a face value of $1,000. Fill in the blank, read surrounding text. % is the percentage change in the price of this bond if the yield to maturity rises to 6% from the current yield to maturity of 5.5%.

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A 12-year, 5% coupon bond pays interest annually. The bond has a face value of $1,000. Fill in the b...
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