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Q1 ABC Corporation issued a 10-year 5.75% coupon bond on January 15, 2017. Today is January 15, 2021 and this bond is trading at a

Q1 ABC Corporation issued a 10-year 5.75% coupon bond on January 15, 2017. Today is January 15, 2021 and this bond is trading at a price of 102.55% of par (face value $1,000).

If two years later on January 15, 2023 the YTM (yield to maturity) on this bond moves to 7.35%, what will be the price of the bond?

Enter your answer as positive number rounded to two decimals

Q2

Refer to the ABC Corporation bond - what is the expected percentage change in the price of the bond between January 15, 2021 and January 15, 2023?

Enter you answer in decimals, e.g. 4.55% as 0.0455

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