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5. Consider a Treasury bond selling at par ($100) with a coupon rte of 6% and 10 years to maturity (a) what is the price

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5. Consider a Treasury bond selling at par ($100) with a coupon rte of 6% and 10 years to maturity (a) what is the price of this bond if the required yield is 15%) . (b) what is the price of this bond if the required yield increases from 15% to 16%, and by what percentage did the price of this bond change? (c) What is the price of this bond if the required yield is 5%? (d) what is the price of this bond if the required yield increases from 5% to 6%, and by what percentage did the price of this bond change? (e) From your answers to Question 9, parts b and d, what can you say about the relative price volatility of a bond in a high-interest-rate environment compared to a low-interest-rate environment

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