Question 9 1 pts One year ago, XYZ Co. issued 16-year bonds at par. The...
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Question 9 1 pts One year ago, XYZ Co. issued 16-year bonds at par. The bonds have a coupon rate of 5.9 percent, paid semiannually, and a face value of $1,000. Today, the market yield on these bonds is 7.18 percent. What is the percentage change in the bond price over the past year? Answer to two decimals
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