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A $1,000 bond with a coupon rate of 6.7% pald semiannually has ten years to thutuitty and a yletd to maturthy of 6.2%. If interest

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A $1,000 bond with a coupon rate of 6.7% pald semiannually has ten years to thutuitty and a yletd to maturthy of 6.2%. If interest rates fall and the vield to maturity decreases by 0.8%, what will happen to the price of the bond? fise by $62,59 fall by $75.11 rise by $87.62 fall by $62.59

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