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A company issues a ten-year bond at par with a coupon rate of 6.2% paid semi-annually. The YTM at the beginning of the third year
A company issues a ten-year bond at par with a coupon rate of 6.2% paid semi-annually. The YTM at the beginning of the third year of the bond (8 years left to maturity) is 8.8%. What was the percentage change in the price of the bond over the past two years? O A. -20.59% B. - 14.71% O C. - 17.65% OD. - 11.77%
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