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A $ 1 , 0 0 0 bond with a coupon rate of 7 % paid semiannually has ten years to maturity and a yield
A $ bond with a coupon rate of paid semiannually has ten years to maturity and a yield to maturity of If interest rates fall and the yield to maturity decreases by what will happen to the price of the bond?
A rise by $
B rise by $
C fall by $
D fall by $
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