The yield to maturity (YTM) on Billy Bob, Inc.'s bonds was 5.72%. It was reported...
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The yield to maturity (YTM) on Billy Bob, Inc.'s bonds was 5.72%. It was reported at interest rates declined 65 basis points. If BBI's bonds YTM changed by the same amount, what would you expect the YTM to be after the increase? (answer in % format to the nearest basis point, i.e. xx.xx, with no % sign needed).
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