Question: A $ 5 . 0 0 0 bond with a coupon rate of 6 . 3 % paid semiannally has two years 1 0 maturty

A $5.000 bond with a coupon rate of 6.3% paid semiannally has two years 10 maturty and a yleld to maturly of 7.1%. Interest rates rise and the yleld to maburly increases to 7.4%, what will happen io the price of the bond?
A. The price of the bond will rise by $27.16
B. The price of Pee bond will fall by 527.16.
C. The price of the bond will fall by $3259.
D. The price of the tond ellal not change.
A $ 5 . 0 0 0 bond with a coupon rate of 6 . 3 %

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