Business, 10.03.2020 04:24 310000982

N investor purchased the following five bonds. Each bond had a par value of $1,000 and a 8% yield to maturity on the purchase day. Immediately after the investor purchased them, interest rates fell, and each then had a new YTM of 7%. What is the percentage change in price for each bond after the decline in interest rates

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N investor purchased the following five bonds. Each bond had a par value of $1,000 and a 8% yield to...

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