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Business, 01.05.2021 01:00 caitlinhardin8553

You own two bonds. Both bonds pay annual interest, have 6 percent annual coupons, $1,000 face values, and currently have 6 percent yields to maturity. Bond A has 12 years to maturity and Bond B has 4 years to maturity. If the market rate of interest rises unexpectedly to 7 percent, Bond will be the most volatile with a price decrease of percent.

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You own two bonds. Both bonds pay annual interest, have 6 percent annual coupons, $1,000 face values...
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