Question: A company issues a ten - year $1,000 face value bond at par with a coupon rate of 6.8% paid semiannually. The YTM at the

A company issues a ten - year $1,000 face value bond at par with a coupon rate of 6.8% paid semiannually. The YTM at the beginning of the third year of the bond ( 8 years left to maturity) is 8.5%. What was the percentage change in the price of the bond over the past two years? A. 10.26% B. 12.31% C. 14.36% D. 8.21%

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