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Corporate bond A has a 6 percent coupon and matures in 3 years. Corporate bond B has a 6 percent coupon and matures in 15

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Corporate bond A has a 6 percent coupon and matures in 3 years. Corporate bond B has a 6 percent coupon and matures in 15 years. The current interest rate is 6 percent. By how much will Bond A and Bond B change in price if the market rate increases to 6.5 percent? Assume both bonds are currently selling at par which is $1,000. Click the answer you think is right. -$13.43; -$47.45 -$12.08; -$49.19 -$11.89; -$47.56 -$14.76; -$52.33 Read about the Do you know the answer? I know it Think so Unsure No idea

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