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Assume that a bond has a current price of $934.24 , a coupon rate of 10 percent (pays $50 every six months), and a yield-to-maturity
Assume that a bond has a current price of
$934.24
, a coupon rate of 10 percent (pays
$50
every six months), and a yield-to-maturity of 11 percent. Based on this information, and assuming that rates remain constant, determine by how much the price of this bond will increase over the next 6 months.\
$2.63
\
$1.91
\
$0.73
\
$1.00
\
$1.38
\ Question 2\
0.25pts
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