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If the general interest rates goes up to 6.25%, a $100 par value bond with coupon yield of 5% and a 30 yr maturity would
If the general interest rates goes up to 6.25%, a $100 par value bond with coupon yield of 5% and a 30 yr maturity would change in price to:
A. $106
B. $95
C. $33.66
D. $90
E. None of the above
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