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What happens to the price of a three-year bond with an 8% coupon when interest rates change from 8% to 6%? Answer: A. A price

What happens to the price of a three-year bond with an 8% coupon when interest rates change from 8% to 6%? Answer: A. A price increase of $51.54 B. A price decrease of $51.54 C. A price increase of $53.47 D. No change in price I have "B" for the answer but not sure if it is correct

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