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Question 5 (2 points) Bond A is a 12.5% coupon bond with 20 years to maturity. It makes semiannual payments, and has a YTM of

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Question 5 (2 points) Bond A is a 12.5% coupon bond with 20 years to maturity. It makes semiannual payments, and has a YTM of 14%. If the interest rate suddenly rises by 3%, what is the percentage price change of the bond? A) -37.91% B) -17.18% C) 19.32% D) 20.74% E) -16.19% D

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