Question: Suppose a 1 1 - year bond with $ 1 0 0 face value, 2 . 0 0 % coupon rate and quarterly coupons is

Suppose a 11-year bond with $100 face value, 2.00% coupon rate and quarterly coupons is currently trading at a price of $105.50. All else constant, if the yield to maturity of the bond suddenly changes to 8.00%APR, what will happen to this bond's price?
it will decrease by $49.120
It will decrease by $45.760
it will increase by $51.510
It will decrease by $48.334
Suppose a 1 1 - year bond with $ 1 0 0 face

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