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need asap please! How much would be the loss in price if an investor purchased a 35-year bond with a $1,000 par value, a 5%

image text in transcribedneed asap please!

How much would be the loss in price if an investor purchased a 35-year bond with a $1,000 par value, a 5% coupon paid annually and a 10% yield to maturity at the beginning, only to see market interest rates increase to 17% one year later? Multiple Choice $176.23 $242.31 $154.20 $220.28

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