The yield to maturity (YTM) on Billy Bob, Inc.'s bonds was 5.82%.It was reported at interest rates
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The yield to maturity (YTM) on Billy Bob, Inc.'s bonds was 5.82%.It was reported at interest rates declined 43 basis points.If BBI's bonds YTM changed by the same amount, what would you expect the YTMto be after the increase?
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