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Suppose that a bond paying an annual interest payment of $80 increases in price from $1,000 to $1.200. The yield for the bond Multiple Choice
Suppose that a bond paying an annual interest payment of $80 increases in price from $1,000 to $1.200. The yield for the bond Multiple Choice decreased from 8.00 percent to 6.67 percent $ decreased 20 percent Increased from 6.67 percent to 800 percent increased by 20 percent
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