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you own two bonds: a 5-year and a 10-year bond, each with a 7% annual coupon. Both bonds currently sell at par. How much will

you own two bonds: a 5-year and a 10-year bond, each with a 7% annual coupon. Both bonds currently sell at par. How much will the price of each bond change if interest rates increase to 8%? Why is there a difference in the price change?

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