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Group 10 Assume you have a 30-year semi-annual zero-coupon bond with $1,000 face value. The market rate increases to from 10% to 12%. What is

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Group 10 Assume you have a 30-year semi-annual zero-coupon bond with $1,000 face value. The market rate increases to from 10% to 12%. What is the change in the bond's market value? A. No change B. -$41 C. -$23 D. $19 E. $26

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