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Question 5 If the yield to maturity on a 3-year annual-payment 8% bond suddenly changed from 7% to 6%, what is the change in the

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Question 5 If the yield to maturity on a 3-year annual-payment 8% bond suddenly changed from 7% to 6%, what is the change in the bond price? -$26.24 a. +$26.24 b. -$53.46 C. +$27.22 d. +$53.46 e

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