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pon rate of 6 6% paid semiannually has nine years to maturity and a yield to maturity of 6.1%. If interest rates fall and the

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pon rate of 6 6% paid semiannually has nine years to maturity and a yield to maturity of 6.1%. If interest rates fall and the yield to maturity A S 1,000 bond with decreases by 0.8%, what will happen to the pnce of the bond? a co O A. fall by $69.44 OB. rise by S57.86 O C. rise by $81.01 O D. fall by $57.86

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