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Short-term bond prices are more sensitive to interest rate movements than long-term bond prices. True or False? True False A 6.20 percent coupon bond has

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Short-term bond prices are more sensitive to interest rate movements than long-term bond prices. True or False? True False A 6.20 percent coupon bond has 20 years left to maturity. It is offered for sale at $960. Assume interest payments are semiannual and a par value of $1,000. What is the yield to maturity of the bond? Round your final answer to two decimal places. 6.78% 3.28% 6.20% 6.56% Calculate the price of a 9 percent coupon bond with 15 years left to maturity and a market interest rate (YTM) of 7.50 percent. Assume par value is $1,000 and interest payments are semiannual. Round your answer to two decimal places and enter with out any sign. Short-term bond prices are more sensitive to interest rate movements than long-term bond prices. True or False? True False A 6.20 percent coupon bond has 20 years left to maturity. It is offered for sale at $960. Assume interest payments are semiannual and a par value of $1,000. What is the yield to maturity of the bond? Round your final answer to two decimal places. 6.78% 3.28% 6.20% 6.56% Calculate the price of a 9 percent coupon bond with 15 years left to maturity and a market interest rate (YTM) of 7.50 percent. Assume par value is $1,000 and interest payments are semiannual. Round your answer to two decimal places and enter with out any sign

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