Use the bond term's below to answer the question Maturity 6 years Coupon Rate 4%...
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Use the bond term's below to answer the question Maturity 6 years Coupon Rate 4% Face value $1,000 Annual Coupons When you buy the bond the interest rate is 5% Right after you buy the bond, the interest rate changes from 6.00% to 5.00% and remains there. What is the price effect in year 2 ?
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