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Derivation Inc. has a bond with the following characteristics: Par: $ 1 , 0 0 0 Time to maturity: 5 0 years Coupon Rate: 5
Derivation Inc. has a bond with the following characteristics:
Par: $
Time to maturity: years
Coupon Rate: semiannual payments
Original YTM:
New YTM:
Calculate the percentage change in the price of the bond. Enter a negative value; enter percentages as decimals and round to decimals
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