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A 8% 10 year semi-annual bond offers a ytm of 8%. If the market int. rate rises to 9.

A 8% 10 year semi-annual bond offers a ytm of 8%. If the market int. rate rises to 9.5% in a year, that would leave 9 years to maturity, what is the change in price the bond experiences in $$$ during the next year?

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The price of a bond is the present value... View the full answer

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