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i need a neat and full solution 2. The bond issued by the Vodafone Corporation has a coupon rate of 12%, face value of 1,000

image text in transcribedi need a neat and full solution
2. The bond issued by the Vodafone Corporation has a coupon rate of 12%, face value of 1,000 and time to maturity of 4 years. If the market interest rate moves from 8% to 10%, what would be the change in the price of this bond? Show your steps in your solution. (50 MARKS)

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