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3. If an XYZ company issued a similar bond (same coupon rate and yield as in ABC in Q1) but with the maturity of 5
3. If an XYZ company issued a similar bond (same coupon rate and yield as in ABC in Q1) but with the maturity of 5 years, what would be the sensitivity of change in prices for the increases in yield of 0.5% (i.e. to 9.5%). Would it be more sensitive (wider change) or less sensitive (lesser change) for the change in yield?
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