What is the change in the yield to maturity

Reference no: EM13257859

A $1000 Nova Corporation bond carrying an 11% coupon is currently priced to yield 10% compounded semiannually until maturity. If the bond price abruptly falls $25, what is the change in the yield to maturity if the bond has 12 years remaining to maturity?

Reference no: EM13257859

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