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Question 1 4 ( Mandatory ) ( 1 point ) Consider a 5 - year bond with a par value of $ 1 , 0

Question 14(Mandatory)(1 point)
Consider a 5-year bond with a par value of $1,000 and an 9% annual coupon. If
interest rates change from 9% to 5% the bond's price will: increase by $
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