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Business, 13.12.2019 04:31 jholland03

Consider a 7-year bond with a 9% coupon and a present yield to maturity of 12%. if interest rates remain constant, one year from now the price of this bond will be
a) higher
b) lower
c) the same
d) cannot be determined

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Consider a 7-year bond with a 9% coupon and a present yield to maturity of 12%. if interest rates re...
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