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Business, 12.11.2020 19:00 issacurlyheadka

Suppose you buy a 7 percent coupon, 20-year bond today when it’s first issued. If interest rates suddenly rise to 15 percent, what happens to the value of your bond? a. the price of the bond will fall
b. the price of the bond will raise

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Suppose you buy a 7 percent coupon, 20-year bond today when it’s first issued. If interest rates sud...
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