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Interest Rate Risk Consider three bonds with 14.01% coupon rates, all selling at face value. The short-term bond has a maturity of 4 years, the

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Interest Rate Risk Consider three bonds with 14.01% coupon rates, all selling at face value. The short-term bond has a maturity of 4 years, the intermediate-term bond has maturity 8 years, and the long-term bond has maturity 30 years. a. What will be the price of each bond if their yields increase to 15.4%? (Do not round intermediate calculations. Round your answers to 2 decimal places.) 8 Years 30 Years 4 Years $ Bond price b. What will be the price of each bond if their yields decrease to 13.3%? (Do not round intermediate calculations. Round your answers to 2 decimal places.) 8 Years 4 Years $ Bond price 30 Years $ ta

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