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A $1,000 bond with a coupon rate of 6.7% paid semiannually has five years to maturity and a yield to maturity of 7.3%. If interest

A $1,000 bond with a coupon rate of 6.7% paid semiannually has five years to maturity and a yield to maturity of 7.3%. If interest rates rise and the yield to maturity increases to 7.6%, what will happen to the price of the bond

A. fall by $12.10

B. rise by $12.10

C. Fall by $14.52

D. The price of the bond will not change.

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