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Consider the following bonds: Bond Coupon Rate (annual payments) Maturity (years) A 0.0% 15 B 0.0% 10 C 3.9% 15 D 7.8% 10 What is

Consider the following bonds:

Bond

Coupon Rate (annual payments)

Maturity (years)

A

0.0%

15

B

0.0%

10

C

3.9%

15

D

7.8%

10

What is the percentage change in the price of each bond if its yield to maturity falls from

6.6 % to 5.6 %?

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