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A $1000 bond with a 6% coupon rate paid semi-annually has five years to maturity and a yield to maturity of 5.5%. If interest rates

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A $1000 bond with a 6% coupon rate paid semi-annually has five years to maturity and a yield to maturity of 5.5%. If interest rates rise and the yield to maturity increases to 6,5%, by how much in dollars and in percentage the price of the bond will change? Use four decimals for interim results, but round your answers to two decimals. 5 points. TTTT Paragraph : Arial 3 (12pt) T GIX % DO QE T' T, WTLESS

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