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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 8.4% 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 | 8.4% | 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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Part 1
The percentage change in the price of bond A is enter your response here%.
(Round to one decimal place.)
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