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nge in the yield rose by 50 basis points? 48. (LO 6.2) Consider a bond with five years to maturity, FV of $1,000, and a

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nge in the yield rose by 50 basis points? 48. (LO 6.2) Consider a bond with five years to maturity, FV of $1,000, and a coupon rate of 6.5 percent (semi-annual payments). a. Calculate the price of this bond if the market yield is: i) 7.75 percent; ii) 5.25 percent. b. In each case, calculate the percentage change in the price of the bond if the market yield rises by 1 percent

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