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A $1,000 bond with a coupon rate of 7% paid semiannually has two years to maturity and a yield to maturity of 6.4%. If interest

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A $1,000 bond with a coupon rate of 7% paid semiannually has two years to maturity and a yield to maturity of 6.4%. If 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 $15.05 O B. rise by $21.07 O c. fall by $18.06 OD. rise by $15.05

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