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7. A 9% coupon corporate bond matures in 30 years. You purchased it at a face value. If interest rates on similar bonds go to

7. A 9% coupon corporate bond matures in 30 years. You purchased it at a face value. If interest rates on similar bonds go to 5%, what will be the percentage change in the price of your bond. a. 41% b. -61% c. 61% d. -41%

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