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4. You are examining a bond with a coupon rate equal to 9% and a yield to maturity equal to 5% with 10 years to
4. You are examining a bond with a coupon rate equal to 9% and a yield to maturity equal to 5% with 10 years to maturity. If the yield remains constant, the bond's price in 5 years will its current price. a. Be higher than b. Be the same as c. Be lower than d. Not enough information to know 5. You are examining a bond with a coupon rate equal to 9% and a yield to maturity equal to 5% with 10 years to maturity. If the yield to maturity decreases by 1%, the absolute value of the percentage change in price will be the absolute value of the percentage change in price if the yield to maturity increases by 1%. a. Be higher than b. Be the same as c. Be lower than d. Not enough information to know
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