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7 How much would be the loss in price if an investor purchased a 37-year bond with a $1,000 par value, a 5% coupon paid

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7 How much would be the loss in price if an investor purchased a 37-year bond with a $1,000 par value, a 5% coupon paid annually and a 10% yield to maturity at the beginning, only to see market interest rates increase to 14% one year later? 01:10:09 Multiple Choice $166.99 $151.81 $121.45 $106.27

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