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Intro A corporate bond has 2 years to maturity, a coupon rate of 8%, a face value of $1,000 and pays coupons semiannually. The market

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Intro A corporate bond has 2 years to maturity, a coupon rate of 8%, a face value of $1,000 and pays coupons semiannually. The market interest rate for similar bonds is 9.5%. Part 1 - Attempt 1/5 for 10 pts. What is the price of the bond (in \$)? Part 2 14. Attempt 1/5 for 10 pts. What is the bond's duration in years? Part 3 [) Attempt 1/5 for 10 pts. If yields fall by 0.8 percentage points, what is the new expected bond price based on its duration (in \$)? If yields fall by 0.8 percentage points, what is the new expected bond price based on its duration (in \$)? Part 4 Attempt 1/5 for 10 pts. What is the actual bond price after the change in yields (in \$)? Part 5 1* Attempt 1/5 for 10 pts. What is the difference between the two new bond prices (in absolute $ )

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