Question: timed help please. A $5,000 bond with a coupon rate of 6.5% paid semiannually has ten years to maturity and a yield to maturity of
timed help please.
A $5,000 bond with a coupon rate of 6.5% paid semiannually has ten years to maturity and a yield to maturity of 7%. If interest rates rise and the yield to maturity increases to 73%, what will happen to the price of the bond? A. fall by $102.77 B. rise by $10277 C. fall by $123.33 D. The price of the bond will not change
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