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Suppose that the yield to maturity of a bond decreases by 3% and the PV is $850.61 with a YTM of 12%. If the interest

Suppose that the yield to maturity of a bond decreases by 3% and the PV is $850.61 with a YTM of 12%. If the interest payment is the same ($100) what is the new price of the bond? O $1,000 O $735.07 O None of the choices are correct $1091.29

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