Question: Help Save & Exit Submit Problem 3 - 1 5 ( LG 3 - 4 ) A $ 1 , 0 0 0 par value
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Problem LG
A $ par value bond with Four years left to maturity pays an interest payment semiannually with a percent coupon rate and is priced to have a percent yield to maturity. If interest rates surprisingly increase by percent, by how much would the bond's price change? Do not round intermediate calculations. Round your answer to decimal places. eg
Bond's price
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