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A $1,000 bond with a coupon rate of 6.5% paid semiannually has two years to maturity and a yield to maturity of 6.2%. If interest

A $1,000 bond with a coupon rate of 6.5% paid semiannually has two years to maturity and a yield to maturity of 6.2%. If interest rates fall and the yield to matuiry of 0.08%, what will happen the price of the bond.

A. rise by 15.03

B fall by 15.03

C. rise by 21.04

D. Fall by 18.04

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