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A $1,000 bond with a coupon rate of 6.3% paid semiannually has four years to maturity and a yield to maturity of 6.7%. If interest

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A $1,000 bond with a coupon rate of 6.3% paid semiannually has four years to maturity and a yield to maturity of 6.7%. If interest rates fall and the yield to maturity decreases by 0.8%, what will happen to the price of the bond? A. rise by $27.9 B. fall by $33.48 C. rise by $39.06 O D. fall by $27.9

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