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Assume a company invested in a 10-year Treasury issued on Jan 01, X1 when the yield was 1.33%. On Dec 31, X2, immediately after the

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Assume a company invested in a 10-year Treasury issued on Jan 01, X1 when the yield was 1.33%. On Dec 31, X2, immediately after the fourth coupon payment, the yield increased to 1.54%. How much did the market value of the Treasury changed from Jan 01, X1 to Dec 31, X2. Indicate price increase as positive and decrease as negative (with a minus sign) numbers. [Additional information] Assume a coupon rate of 1.25%. U.S. Treasury pays its coupon interests semi-annually. Present value of 10Y U.S. Treasury Notes At Issuance IN 20=10 * 2 IN 0.67%=1.33% * 1/2 PV (992.53) FV 1,000.00 PMT 6.25 =B5 * 1.25% * 6/12 After 4th coupon IN IN PV FV 1,000.00 PMT 6.25 Change

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