Question: Consider a bond with a face value of $1,000, an annual coupon rate of 6.5%, a yield to maturity of 8%, and four years

Consider a bond with a face value of $1,000, an annual coupon rate of 6.5%, a yield to maturity of 8%, and four years to maturity. By how many dollars does the price rise if the yield falls to 7%? O $32.37 O $32.75 $64.06 $49.68

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