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An 8 % , 1 0 0 face value five - year bond trades at par in the market. The YTM is expected to increase
An face value fiveyear bond trades at par in the market. The YTM is expected to increase by one year from now. Find the percent change in the price.
An face value fiveyear bond trades at par in the market. The YTM is expected to increase by one year from now. Find the percent change in the price.
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