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A 7 . 5 percent coupon bond with nine years left to maturity is priced to offer an 1 1 . 2 percent yield to

A 7.5 percent coupon bond with nine years left to maturity is priced to offer an 11.2 percent yield to maturity. You believe that in one year, the yield to maturity will be 8 percent. What is the change in price the bond will experience in dollars? (Assume interest payments are semiannual and par value is $1,000.)
$97.75
$101.50
$129.25
$177.34

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