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A $5,000 bond with a coupon rate of 6.4% paid semi-annually has four years to maturity and a yield to maturity of 6.296. If interest

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A $5,000 bond with a coupon rate of 6.4% paid semi-annually has four years to maturity and a yield to maturity of 6.296. If interest rates fall and the yield to maturity decreases by 0.8%, what will happen to the price of the bond? O a. None of the answers are correct. 0 b. Fall by $98.64. O C. Rise by 584.46. d. Fall by $40.49. Oe. Rise by $142.78

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