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Interest Rate Risk Consider three bonds with 1 4 . 2 3 % coupon rates, all selling at face value. The short - term bond
Interest Rate Risk
Consider three bonds with coupon rates, all selling at face value. The shortterm bond has a maturity of years, the intermediateterm bond has maturity years, and the longterm bond has maturity years.
a What will be the price of each bond if their yields increase to Do not round intermediate calculations. Round your answers to decimal places.
table Years, Years, YearsBond price,$$$
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