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Tara company has bonds with a face value of 1000$, 14 years to maturity, coupon rate of 6 percent and YTM of 8 percent. It

Tara company has bonds with a face value of 1000$, 14 years to maturity, coupon rate of 6 percent and YTM of 8 percent. It makes semiannual payments. What is the percentage change in the price of this bond if the market yield to maturity rises to 9!percent

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