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How much would be the loss in price if an investor purchased a 32 year bond with a $1,000 par value; a 5/coupon paid annualy
How much would be the loss in price if an investor purchased a 32 year bond with a $1,000 par value; a 5/coupon paid annualy and a 10% yield to maturity at the beginning, only to see market interest rates increase to 17% one year later? Multiple Choice $246.54 $156.89 $224.13 $179.31
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