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Suppose that CNN headline news reports that a bond price has plunged ( i . e . decreased ) due to expectations of increased inflation.

Suppose that CNN headline news reports that a bond price has "plunged" (i.e.decreased) due to expectations of increased inflation. What does this imply about the corresponding bonds interest rate? Providing the definition of the yield to maturity (YTM) that we use in class and then applying this definition of the YTM to this problem, briefly explain why the bonds interest rate changed in this way.

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