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A $5,000 bond with a coupon rate of 5% paid semiannually has nine years to maturity and a yield to maturity of 7.1%. If interest

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A $5,000 bond with a coupon rate of 5% paid semiannually has nine years to maturity and a yield to maturity of 7.1%. If interest rates rise and the yield to maturity increases to 7.4%, what will happen to the price of the bond? A. rise by $88.82 B. fall by $106.59 C. fall by $88.82 D. The price of the bond will not change

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