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A $1,000 bond with a coupon rate of 5.4% paid semiannually has two years to maturity and a yield to maturity of 9%. If interest
A $1,000 bond with a coupon rate of 5.4% paid semiannually has two years to maturity and a yield to maturity of 9%. If interest rates rise and the yield to maturity increases to 9.3%, what will happen to the price of the bond? 0 O A. fall by $6.16 O B. fall by $5.14 C. rise by $5.14 1 OD. The price of the bond will not change. c
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