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Question 2 7 pts Bond A matures in 10 years and has a coupon rate of 6% paid semiannually. The face value is $1,000 and
Question 2 7 pts Bond A matures in 10 years and has a coupon rate of 6% paid semiannually. The face value is $1,000 and the current yield to maturity is 7%. If the market interest rate decreases by 1% to 6%, what will be the percentage change in the bond A's price? -7.11% 7.65% 7.11% 0 -7.65%
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