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A $5,000 bond with a coupon rate of 5.1% paid semiannually has ten years to maturity and a yield to maturity of 77%. If interest

A $5,000 bond with a coupon rate of 5.1% paid semiannually has ten years to maturity and a yield to maturity of

77%. If interest rates fall and the yield to maturity decreases by 0.8%, what will happen to the price of the bond?

A. rise by $ 269.72

B. rise by $ 377.6

C. fall by $ 269.72

D. fall by $ 323.66

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