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Swanson in bonds have a 12% coupon rate with semiannual coupon payments. they have 15 years to maturity and a par value of 1,000. your

Swanson in bonds have a 12% coupon rate with semiannual coupon payments. they have 15 years to maturity and a par value of 1,000. your required rate of return is 14% suppose you decide to buy the bond and immediately afterwards interest rates increase by 1.0%. how much value has the bond gained or lost?

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