You believe that in one year the yield to maturity will be


A 8.10 percent coupon bond with 15 years left to maturity is priced to offer a 8.8 percent yield to maturity. You believe that in one year, the yield to maturity will be 8.4 percent. What is the change in price the bond will experience in dollars?

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Business Management: You believe that in one year the yield to maturity will be
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