One year ago, XYZ Co. issued 18-year bonds at par. The bonds have a coupon rate...

One year ago, XYZ Co. issued 18-year bonds at par. The bonds have a coupon rate of 5.82 percent, paid semiannually, and a face value of $1,000. Today, the market yield on these bonds is 7.51 percent. What is the percentage change in the bond price over the past year? Answer to two decimals

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jeff jeffy answered 1 year ago

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