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7. A 5 percent coupon bond with 13 years left to maturity is priced to offer a 6.75 percent yield to maturity. You believe that
7. A 5 percent coupon bond with 13 years left to maturity is priced to offer a 6.75 percent yield to maturity. You believe that in two years, the yield to maturity will be 6.25 percent. What is the change in the bonds price in dollars? (Assume semi-annual interest payments and $1,000 par value.)
Group of answer choices
A. $51.51
B. $33.43
C. $68.28
D. $16.76
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