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Question 18 1 pts The Corner Grocer has a 14-year, 6.5 percent coupon bond outstanding with a $1.000 par value. The bond has a yield

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Question 18 1 pts The Corner Grocer has a 14-year, 6.5 percent coupon bond outstanding with a $1.000 par value. The bond has a yield to maturity of 6 percent. How the bond price will change if the market yield suddenly increases to 7.2 percent? Show the percentage change in the bond price. (round your answer to 2 decimal places). (Don't forget to put minus sign if the bond price decreases). Question 19 1 pts Suppose we have a bond with a 3-year term to maturity, a 25% coupon paid annually, and a market yield of 20%. Calculate the duration for this bond. (round your answer to 2 decimal places)

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