Question: b . With 1 5 years to maturity, if yield to maturity goes down substantially to 1 0 percent, what will be the new price

b. With 15 years to maturity, if yield to maturity goes down substantially to 10 percent, what will be the new price of the bonds?
Note: Do not round intermediate calculations. Round your final answer to 2 decimal places.
New bond price
b. With 15 years to maturity, if yield to maturity goes

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