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Business, 25.11.2021 14:00 shilohtito

A 15-year, 6 percent coupon bond pays interest annually. The bond has a face value of $1,000. What is the change in the price of this bond if the market yield to maturity rises to 7 percent from the current rate of 6 percent

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A 15-year, 6 percent coupon bond pays interest annually. The bond has a face value of $1,000. What i...
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