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Question 9 Not yet answered Marked out of 10.00 Flag question Dream Company has bonds with a face value of $1,000, 14 years to maturity,
Question 9 Not yet answered Marked out of 10.00 Flag question Dream Company has bonds with a face value of $1,000, 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 of the market yield to maturity rises to 9 percent? a.-8.34 percent 6.-9.72 percent C.-5.47 percent d. -7.53 percent e. -6.46 percent Previous page
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