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Refer to Table 10-2 a. Assume the interest rate in the market (yield to maturity) goes down to 8 percent for the 10 percent bonds.

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Refer to Table 10-2 a. Assume the interest rate in the market (yield to maturity) goes down to 8 percent for the 10 percent bonds. Using column 2, indicate what the bond price will be with a 10-year, a 15-year, and a 20-year time period. Maturity Bond Price 10 year 15 year 20 year b. Assume the interest rate in the market (yield to maturity) goes up to 12 percent for the 10 percent bonds. Using column 3, indicate what the bond price will be with a 10-year, a 15-year, and a 20-year period. Maturity Bond Price 10 year 15 year 20 year

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