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A bond with a 14-year duration is worth $945, and its yield tomaturity is 6.50%. What willhappen to the bond price if the bond??s yield

A bond with a 14-year duration is worth $945, and its yield tomaturity is 6.50%. What willhappen to the bond price if the bondâ??s yield to maturityincreases to 6.30% ? 2 answers

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