A 1000 bond with a coupon rate of 62 paid semi annually has, Financial Management

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A 1000 bond with a coupon rate of 62 paid semi annually has

A $1000 bond with a coupon rate of 6.2% paid semi annually has five year to maturity and a yield to maturity of 7.5%. If interest rates rise and yield to maturity increases to 7.8%, what will happen to the price of the bond? A. fall by $11.83 B. rise by $11.83 C. fall by $14.19 D. The price of the bond will not change

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Financial Management: A 1000 bond with a coupon rate of 62 paid semi annually has

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Financial Management: A 1000 bond with a coupon rate of 62 paid semi annually has

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