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A $1,000 bond with a coupon rate of 6.5% paid semiannually has ten years to maturity and a yield to maturity of 6.8% lf interest

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A $1,000 bond with a coupon rate of 6.5% paid semiannually has ten years to maturity and a yield to maturity of 6.8% lf interest rates fall and the yield to maturity decreases by 0.8%, what will happen to the price of the bond? O A. fall by $58.71 O B. fall by $70.45 O C. rise by $58.71 O D. rise by $82.19

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