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fixed income question 2. Consider a seven-year bond with a coupon rate of 4% and $1,000 face value. a) What is its price at a

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2. Consider a seven-year bond with a coupon rate of 4% and $1,000 face value. a) What is its price at a yield of 4%? b) What is its price if yield increases by 1%? 1 c) Calculate the percentage change between the starting and ending prices

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