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A $1000 bond with a coupon rate of 5.4% paid semiannually has 10 years to maturity and a yield to maturity of 7.5%. What will

A $1000 bond with a coupon rate of 5.4% paid semiannually has 10 years to maturity and a yield to maturity of 7.5%. What will happen to the price of the bond after five years passes if interest rates remain the same? A) Rise by $12 B) rise by $60 C) fall by $60 D) the price stays the same

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