Question: Suppose a 9 - year bond with $ 1 0 0 face valve, 6 . 0 0 % coupon rate and semiannual coupons is currently

Suppose a 9-year bond with $100 face valve, 6.00% coupon rate and semiannual coupons is currently trading at a price of $97.00. All else constant, if the yield to maturity of the bond suddenly changes to 9.00% APR, what will happen to this bond's price?
it will stay the same
It wit decrease by $14.986
It will decrease by $15.240
It wit increase by $16.512
Suppose a 9 - year bond with $ 1 0 0 face valve,

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