What happens to the price of six-year bond

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1. What happens to the price of a six-year bond with an 8% coupon when interest rates change from 9% to 8%?

2. What is the NPV of a project that costs $285,000 today and no cash inflows for 3 years, followed by cash inflows $95,000 annually for the next five years, if the opportunity cost of capital is 2%?

Reference no: EM132052822

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