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o. Assume the interest rate in the market (yield to maturity) goes down to 8 percent for the 10 percent bonds. Using column 2 ,

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o. Assume the interest rate in the market (yield to maturity) goes down to 8 percent for the 10 percent bonds. Using column 2 , indicate what the bond price will be with a 15 -year, a 20 -year, and a 30 -year time period. b. Assume the interest rate in the market (yield to maturity) goes up to 12 percent for the 10 percent bonds. Using column 3, indicate what the bond price will be with a 15 -year, a 20 year, and a 30 year period. Table 10-2 Impact of time to maturity on bond prices

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