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A 12-year, 5 percent coupon bond pays interest annually. The bond has a face value of $1,000. what is the change in the price of

A 12-year, 5 percent coupon bond pays interest annually. The bond has a face value of $1,000. what is the change in the price of this bond if the market yield rises to 6 percent from the current yield of 4.5 percent

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