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30. 1.00 points value: A bond has a coupon rate of 8 percent, 7 years to maturity, semiannual interest payments, and a YTM of 7

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30. 1.00 points value: A bond has a coupon rate of 8 percent, 7 years to maturity, semiannual interest payments, and a YTM of 7 percent.If interest rates suddenly rise by 2 percent, what will be the percentage change in the bond price? -1016 percent O-9.87 percent O-9.56 percent O -1002 percent -10.67 percent

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