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Problem 6-23 Consider the bonds listed below. What is the percentage change in the price of each bond if its yield to maturity falls from

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Problem 6-23 Consider the bonds listed below. What is the percentage change in the price of each bond if its yield to maturity falls from 6% to 5%? Note: Assume $100 face value. CouponMaturity Bond nnua 090 090 400 890 years 15 10 15 10 YTM (1) YTM (2) 6% 5% Face value S 100 Price bond A (1) Price bond A (2) Change in price bond A Price bond B (1) Price bond B (2) Change in price bond B

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