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Business, 12.12.2019 03:31 sixtomomtermont
Assume initially that market interest rates are 7% and the bondholder is receiving a $70 coupon payment per year on a bond with a face value of $1,000. if market interest rates rise to 8%, the bond price: rises to $1,125. falls to $875. falls to $800. falls to $700.
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Assume initially that market interest rates are 7% and the bondholder is receiving a $70 coupon paym...
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