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Nikita Enterprises has bonds on the market making annual payments, with 1 6 years to maturity, a par value of $ 1 , 0 0
Nikita Enterprises has bonds on the market making annual payments, with years to maturity, a par value of $ and selling for $ At this price, the bonds yield percent. What must the coupon rate be on the bonds?
If interest rates suddenly rise by percent, what is the percentage change in the price of these bonds?
Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers as a percent rounded to decimal places, eg
If rates were to suddenly fall by percent instead, what would be the percentage change in the price of these bonds?
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