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a $5000 bond with a coupon rate of 5.6% paid semiannually has two years to maturity and a yield to maturity of 7.8%. if interest
a $5000 bond with a coupon rate of 5.6% paid semiannually has two years to maturity and a yield to maturity of 7.8%. if interest rates rise and the yield to maturity incleases to 8.1%, what will happen to the price of the bond? 
JLUI IU Maurity allud yield to m O A. fall by $26.49 O B. fall by $31.78 O C. rise by $26.49 OD. The price of the bond will not change Step by Step Solution
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Cornerstones Of Financial Accounting
Authors: Bertrand Piccard, Jay Rich, Jeff Jones, Maryanne Mowen, Don Hansen, Nick Jones
1st Edition
0324657730, 9780324657739
