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Business, 05.05.2020 16:08 cortneykeeler

A $ 5000 bond with a coupon rate of 6.7% paid semiannually has eight years to maturity and a yield to maturity of 7.8%. If interest rates rise and the yield to maturity increases to 8.1%, what will happen to the price of the bond?

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A $ 5000 bond with a coupon rate of 6.7% paid semiannually has eight years to maturity and a yield t...
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