Percentage change in the price of the bond

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A company issues a? ten-year bond at par with a coupon rate of 7?% paid? semi-annually. The YTM at the beginning of the third year of the bond? (8 years left to? maturity) is 9.1?%. What was the percentage change in the price of the bond over the past two? years?

Reference no: EM132681653

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