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One year ago, you purchased a $ 1 , 0 0 0 face value bond for a clean price of $ 9 8 0 .
One year ago, you purchased a
$ face value bond for a clean price of $ The bond
currently has seven years remaining until maturity, pays a coupon
payment of $ every six months, and has a yield to maturity of
percent. What is the percentage change in the bond price over
the past year?
percent
percent
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