Question: Consider a 5 - year coupon bond with 5 % annual coupons. By what percentage will the bond price change if its yield to maturity

Consider a 5-year coupon bond with 5% annual coupons.
By what percentage will the bond price change if its yield to maturity increases from 5% to 7%?
A.
8.20%
B.
-8.20%
C.
-4.2%
D.
-6.2%

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