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Consider the information for Bond A and Bond B, as shown below. Both bonds make semiannual coupon payments. Suppose the yield to maturity for both

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Consider the information for Bond A and Bond B, as shown below. Both bonds make semiannual coupon payments. Suppose the yield to maturity for both bonds drops to 6%, what will be the percent change in price for each bond? Par value Coupon rate Yield to maturity Years to maturity Bond ABondE $1,000 $1,000 6.50% 6.50% 7.0% 7.0% 25 3

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