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Posted: **Wed Mar 09, 2022 8:47 am**

: Question 5 3 Pts Bond Dave Has A 3 Percent Coupon Rate Makes Semiannual Payments A 3 Percent Ytm And 16 Years To Matu 1 (21.02 KiB) Viewed 63 times

Question 5 3 pts Bond Dave has a 3 percent coupon rate, makes semiannual payments, a 3 percent YTM, and 16 years to maturity. If interest rates suddenly rise by 4 percent, what is the percentage change in the price of Bond Dave? Enter the answer with 4 decimals (e.g. 0.0123).