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Business, 11.11.2020 18:10 sullivanjakob

A 12-year, 5% coupon bond pays interest annually. The bond has a face value of $1,000. Blank 1. Fill in the blank, read surrounding text. -12.38 % 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 4.5%?

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