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Consider a bond that costs $1,200 and pays an interest payment of $110 each year. Instructions: Round your answers to one decimal place. a. What

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Consider a bond that costs $1,200 and pays an interest payment of $110 each year. Instructions: Round your answers to one decimal place. a. What is the yield for this bond? b. Suppose the price of the bond changes to $1100. What is the yield for this bond? es c. Now suppose the price of the bond changes to $1.400. What is the yield for this bond? d. The price of bonds and bond yields are related such that D an increase in the price of bonds will increase the yield and a decrease in the price of O an increase in the price of bonds will decrease the yield and a decrease in the price o O an increase in the price of bonds will decrease the yield and a decrease in the price of an increase in the price of bonds will increase the yield and a decrease in the price of

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