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QUESTION 37 Consider a $1,000 bond with a fixed-rate 10 percent annual coupon rate and a maturity (N) of 10 years. The bond currently is
QUESTION 37 Consider a $1,000 bond with a fixed-rate 10 percent annual coupon rate and a maturity (N) of 10 years. The bond currently is trading at a yield te maturity (YTM) of 10 percent. If the YTM increases to 11%, the percetnage change in price would be -9.979% -6.876% -5.889% There will be no change
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