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What is the price volatility of a 6 -year bond with a face value of $5,000, a semi-annual coupon of 4.5%, and a yield of
What is the price volatility of a 6 -year bond with a face value of $5,000, a semi-annual coupon of 4.5%, and a yield of 4% if the required market interest rate rises one percentage point? Show answer choices ^ (A) 2.58% (B) 4.70% C cannot tell from the information given (D) 5.07%
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