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Question 20 A6 percent coupon bond with 12 years left to maturity is priced to offer a 6.5 percent yield to maturity. If the yield
Question 20 A6 percent coupon bond with 12 years left to maturity is priced to offer a 6.5 percent yield to maturity. If the yield to maturity falls to 6.25 percent. What is the change in price the bond will experience in dollars? Increase $20.33 Coupon payment decreases $25.00 Decrease $19.67 O Coupon payment increases $41.22
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