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2. Consider again the nine-year, $1000 bond with a 3% coupon rate and semiannual coupons. Suppose interest rates increase and the bonds yield to maturity

2. Consider again the nine-year, $1000 bond with a 3% coupon rate and semiannual coupons. Suppose interest rates increase and the bonds yield to maturity increases to 4.0% (expressed as an APR with semiannual compounding). What price is the bond trading for now? Use excel

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