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there is a 3-year bond available with a face of 2,500 PLN, interest 4% pa, coupons paid yearly. It is expected that the YTM will

there is a 3-year bond available with a face of 2,500 PLN, interest 4% pa, coupons paid yearly. It is expected that the YTM will be fixed during matuirty period at 9% pa. How would the PVB at issue date change if YTM were to immediately decrease to 3% pa and stay fixed? Please use the best possible estimation (approximation).

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