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a $1,000 bond with a coupon rate of 6.4% paid semiannually has ten years to...

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Finance

a $1,000 bond with a coupon rate of 6.4% paid semiannually has ten years to maturity and a yield to maturity of 7.4%. if interest ate rises and the yield to maturity increases to 7.7%, what will happen to the price of the bond?

will it rise or fall and by what amount

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