Question: One year ago, Alpha Supply issued 2 0 - year bonds at par. The bonds have a coupon rate of 6 . 5 percent,paid semiannually,

One year ago, Alpha Supply issued 20-year bonds at par. The bonds have a coupon rate of 6.5 percent,paid semiannually, and a face value of $1,000. Today, the market yield on these bonds is 7.2 percent. What isthe percentage change in the bond price over the past year?

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