Solution-What is the change in price the bond

What is the change in price the bond

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A 6.65 percent coupon bond with fifteen years left to maturity is priced to offer a 8.3 percent yield to maturity. You believe that in one year, the yield to maturity will be 8.0 percent. What is the change in price the bond will experience in dollars? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

Reference no: EM131180542

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What is the change in price the bond

Reference no: EM131180542

Reference no: EM131180542

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