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Question 8: The yield to maturity on a 3 year bond with a face value of 100 and annual coupon rate of 9% changes from

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Question 8: The yield to maturity on a 3 year bond with a face value of 100 and annual coupon rate of 9% changes from 7% to 6.9%. What is the relative change in price of the bond following the change in yields

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