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What is the price of a perpetuity that has a coupon of $55 per year and a yield to maturity of 1.5%? The price of

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What is the price of a perpetuity that has a coupon of $55 per year and a yield to maturity of 1.5%? The price of the perpetuity is $ 3,667. (Enter your response rounded to the nearest whole number.) If the yield to maturity triples, what will happen to its price? The new price is $ . (Enter your response rounded to the nearest whole number.)

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