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A $1,000 bond with a coupon rate of 6.4% paid semiannually has four years to maturity and a yield to maturity of 6.8%. If interest

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A $1,000 bond with a coupon rate of 6.4% paid semiannually has four years to maturity and a yield to maturity of 6.8%. If interest rates fall and the yield to maturity decreases by 0.8%, what will happen to the price of the bond? O A. rise by $27.84 O B. fall by $27.84 OC. rise by $38.98 OD. fall by $33.41

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