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Consider the following bonds: Bond A B Coupon Rate (annual payments) 0.0% 0.0% 3.8% 8.3% Maturity (years) 15 10 15 10 D What is the
Consider the following bonds: Bond A B Coupon Rate (annual payments) 0.0% 0.0% 3.8% 8.3% Maturity (years) 15 10 15 10 D What is the percentage change in the price of each bond if its yield to maturity falls from 6.3% to 5.3%? The price of bond A at 6.3% YTM per $100 face value is $ 39.99. (Round to the nearest cent.) The price of bond A at 5.3% YTM per $100 face value is $ 46.09. (Round to the nearest cent.) The percentage change in the price of bond A is %. (Round to one decimal place.)
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