Question: You find a bond with 25 years until maturity that has a coupon rate of 70 percent and a yield to maturity of 6.2 percent.

You find a bond with 25 years until maturity that has

You find a bond with 25 years until maturity that has a coupon rate of 70 percent and a yield to maturity of 6.2 percent. Suppose the yield to maturity on the bond increases by 25 percent. a. What is the new price of the bond using duration and using the bond pricing formula? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Answer is complete but not entirely correct. Estimated price $ 1,100.35 1,069.76 Actual price $ b. Now suppose the original yield to maturity is increased by 1 percent. What is the new price of the bond? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Answer is complete but not entirely correct. Estimated price $ 1,067.40 X 971.17 Actual price $

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1. To gain insight into how a communication situation can be framed to maximize impact.

2. We can change the use and meaning of the concepts and thereby the meaning of the social reality to which they refer.