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4 points Consider a 3-year bond with a par value of $1,000 and an 10% annual coupon. If interest rates change from 10% to 8%

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4 points Consider a 3-year bond with a par value of $1,000 and an 10% annual coupon. If interest rates change from 10% to 8% the bond's price will: O A. increase by $61.54. O B. decrease by $78.46. O C. increase by $51.54 O D. decrease by $53.46

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