olz help solve this thank you A $1,000 corporate bond with...
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olz help solve this thank you 
A $1,000 corporate bond with a coupon rate of 6.5% (paying semiannually) has 15 years left to maturity, it has a credit rating of A. and a yield to maturity of 6.65%. The bond has been downgraded to A- by S\&P. The new appropriate discount rate will be 8.5% What will be the change in the bond's price in dollars
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