Question: Consider three bonds with 5 . 7 0 % coupon rates, all making annual coupon payments and all selling of face value. the short -

Consider three bonds with 5.70% coupon rates, all making annual coupon payments and all selling of face value. the short-term bond has a maturity of 4 years, the intermediate-term bond has a maturity of 8 years, and the long-term bond has a maturity of 30 years. What will be the price of the 4-year bond if its yeild increases to 6.70%

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