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A 10 year, 8% coupon bond pays interest annually. The bond has a face value of $1000. What is the percentage change in the price

A 10 year, 8% coupon bond pays interest annually. The bond has a face value of $1000. What is the percentage change in the price of this bond the marketyreld rises to from the current rate of 85 Set 3 Multiple Choice 408 O - 3245 O -3.71% O -29% O

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