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A $5,000 bond with a coupon rate of 53% paid semiannually has ten years to maturity and a yield to maturity of 8%. If interest

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A $5,000 bond with a coupon rate of 53% paid semiannually has ten years to maturity and a yield to maturity of 8%. If interest rates rise and the yield to maturity increases to 8.3%, what will happen to the price of the bond? A. fall by $8852 B. rise by $88.52 C. fall by $10623 D. The price of the bond will not change

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