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The Comer Grocer has a 10-year, 6.8 percent semiannual coupon bond outstanding with a $1,000 par value. The bond has a yield to maturity of

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The Comer Grocer has a 10-year, 6.8 percent semiannual coupon bond outstanding with a $1,000 par value. The bond has a yield to maturity of 5.9 percent. Which one of the following statements is correct if the bond's yield to maturity suddenly increases to 6.6 percent? A. The bond's price will decrease by 4.95 percent B. The bond's price will decrease by 11.28 percent. C. The bond's price ill increase by 9.78 percent D.The bond's price will decrease by 9.78 percent E. The bond's price will increase by 4.95 percent

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