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north south company has bonds with 20 years to maturity, a face value of 1000, coupon rate of 9 percent and YTM of 7 percent.

north south company has bonds with 20 years to maturity, a face value of 1000, coupon rate of 9 percent and YTM of 7 percent. the company makes semiannual payments. what is the percentage change in the price of this bond if the market yield suddenly decreases to 5 percent?

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