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Business, 19.07.2021 19:30 brillamontijo

A 10-year, 7 percent coupon bond pays interest semi-annually. The bond has a face value of $1,000. What is the percentage change in the price of this bond if the market yield to maturity rises to 6.0 percent from the current rate of 5.5 percent

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A 10-year, 7 percent coupon bond pays interest semi-annually. The bond has a face value of $1,000. W...
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