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A 20-year, 9 percent coupon bond pays interest annually. The bond has a face value of $1,000. What is the percentage change in the price

A 20-year, 9 percent coupon bond pays interest annually. The bond has a face value of $1,000. What is the percentage change in the price of this bond if the market yield to maturity rises to 8.5 percent from the current yiled 8 percent

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