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Andrew s has 5 - year, 8 percent annual coupon bonds outstanding with a par value of $ 1 , 0 0 0 . Boyega
Andrews has year, percent annual coupon bonds outstanding with a par value of
$ Boyegas has year, percent annual coupon bonds outstanding with a par
value of $ Both bonds currently have a yield to maturity of percent. What would
be the dollar gains or losses to the investors if the market rate decreases to percent?
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