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What is the actual price change for a 15-year, 4% coupon bond paid semi-annually, that is currently trading to yield 3.5% if yields increase 115
What is the actual price change for a 15-year, 4% coupon bond paid semi-annually, that is currently trading to yield 3.5% if yields increase 115 basis points?
A.) -12.06%
B.) -6.43%
C.) 6.43%
D.)12.06%
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