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How much would be the loss in price if an investor purchased a 37-year bond with a S1.000 par value, a 4% coupon paid annually

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How much would be the loss in price if an investor purchased a 37-year bond with a S1.000 par value, a 4% coupon paid annually and a 8% yield to maturity at the beginning only to see market interest rates increase to 13% one year later? Multiple Choice

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