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Consider a ten-year, $1000 bond with a 6% coupon rate, and annual coupons is trading with a YTM of 6%. Its bond price is $_10.00_.

Consider a ten-year, $1000 bond with a 6% coupon rate, and annual coupons is trading with a YTM of 6%. Its bond price is $_10.00_. suppose right after you purchase the bond, the YTM increases to 8%, the bond price will become $___

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