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A $5,000 bond with a coupon rate of 5.3% paid semiannually has eight years to maturity and a yield to maturity of 6.9%. If interest

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A $5,000 bond with a coupon rate of 5.3% paid semiannually has eight years to maturity and a yield to maturity of 6.9%. If interest rates fall and the yield to maturity decreases by 0.8%, what will happen to the price of the bond? O A. fall by $235.32 O B. rise by $235.32 O C. fall by $282.39 O D. rise by $329.45

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