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A4-year 5.8% coupon bond is selling to yield 7%. The bond pays interest annually. One year later interest rates decrease from 7% to 6.2%. a

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A4-year 5.8% coupon bond is selling to yield 7%. The bond pays interest annually. One year later interest rates decrease from 7% to 6.2%. a What is the price of the 4-year 5.8% coupon bond selling to yield 7962 b. What is the price of this bond one yeat later assuming the yield is unchanged at 796? the yield decreases to 6.2%? Price change attributable to moving to maturity c. What is the price of this bond one year later if instead of the yield being unchanged d. Complete the following: (no change in discount rate) Price change attribute to an increase in the Total price change discount rate from 7% to 6.2%

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