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A zero coupon bond maturing in 10 years rose 2% in value. How much has the yield change for this bond (in decimal form, not
A zero coupon bond maturing in 10 years rose 2% in value. How much has the yield change for this bond (in decimal form, not in percent) during the same period?
- A. dropped .002
- B. rose .2
- C. rose .002
- D. dropped .02
- E. dropped .2
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