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Consider three bonds with 6 00% cou on rates, all making annual coupon payments and all sell ng at face value. The short-term bond has

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Consider three bonds with 6 00% cou on rates, all making annual coupon payments and all sell ng at face value. The short-term bond has a maturity of 4 years, the intermediate-term bond has a maturity of 8 years, and the long-term bond has a maturity of 30 years a. What will be the price of the 4-year bond if its yield increases to 7.00%? (Do not round intermediate calculations. Round your answers to 2 decimal places) prioe b. What wll be the price of the 8-year bond f ts yseld increases to 7,00%? (Do not round inter answers to 2 decimal places price the price of the 30year bond if its yield increases to 7.00%? (Do not round intermediate calculat c. what wian. be answers to 2 decimal places.) ions. Round your bond if its yield decreases to 5 00%? (Do not round intermediate calculations. Round your answers to 2 decimel places. Bond price

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