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Bond A pays coupons annually, has a coupon rate of 0% and a time-to-maturity of 15 years. What is the percentage change in the price
Bond A pays coupons annually, has a coupon rate of 0% and a time-to-maturity of 15 years. What is the percentage change in the price of the bond if its yield to maturity falls from 6% to 5%?
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