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A $5,000 bond with a coupon rate of 6.7% paid semiannually has ten years to maturity and a yield to maturity of 8.4%. If interest
A $5,000 bond with a coupon rate of 6.7% paid semiannually has ten years to maturity and a yield to maturity of 8.4%. If interest rates rise and the yield to maturity increases to 8.7%, what will happen to the price of the bond? O A. fall by $91.44 O B. rise by $91.44 O C. fall by $109.73 O D. The price of the bond will not change
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