Question: A Moving to another question will save this response. 1 points Save Answer Consider a 5-year bond with a par value of $1,000 and an

 A Moving to another question will save this response. 1 points

A Moving to another question will save this response. 1 points Save Answer Consider a 5-year bond with a par value of $1,000 and an 9% annual coupon. If interest rates change from 9% to 5% the bond's price will: increase by $

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