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# Question 5 Assume a bond that pays annual coupons with a 6% coupon rate and a face value of \$1000 that will reach maturity in 5 years.

Question 5

Assume a bond that pays annual coupons with a 6% coupon rate and a face value of \$1000 that will reach maturity in 5 years. The amount that the price of the bond will change if the yield to maturity changes from 7% to 8% is closest to:
A. \$9
B. -\$32
C. -\$39
D. \$32

Assume a bond that pays annual coupons with a 6% coupon rate and a face value of \$1000 that will reach maturity in 5 years. The amount that the price of the bond will change if the yield to...

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