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A 3 percent coupon bond with 10 years left to maturity is priced to offer 6.25 percent yield to maturity. you believe that in one

A 3 percent coupon bond with 10 years left to maturity is priced to offer 6.25 percent yield to maturity. you believe that in one year, the yield to maturity will be 5.85 percent. what is the change in the bonds price in dollars? (Assume semi-annual intrest payments and $1000 par value).

A. $22.76

B. $41.75

C. $14.28

D. $35.43

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