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What happens to the price of a four-year bond (1,000 par value) with a 4% coupon (with semi-annual coupon payments) one year from now if
What happens to the price of a four-year bond (1,000 par value) with a 4% coupon (with semi-annual coupon payments) one year from now if interest rates (yield) remain at 4%? A. A price increase of $38 B. No change in price OC. A price decrease of $51 OD. A price increase of $51
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